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On 1/1/2020, P acquired 90% of S. Company P net income is 124000 JD which includes 8000 JD dividends income from Company S. Company S

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On 1/1/2020, P acquired 90% of S. Company P net income is 124000 JD which includes 8000 JD dividends income from Company S. Company S net income is 70000 JD. Compute consolidated income

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