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On Apr 1, Pujols, Inc., exchanges 5653,500 for 70 percent of the outstanding stock of Ramirez Corporation. The remaining 30 percent of the outstanding shares

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On Apr 1, Pujols, Inc., exchanges 5653,500 for 70 percent of the outstanding stock of Ramirez Corporation. The remaining 30 percent of the outstanding shares continued to trade at a collective for value of $230,100. Ramirez's identifiable assets and mobilities each had book values that equaled their fair values on April for a net total of 5715,000, During the remainder of the year, Ramirez generates revenues of $10,000 and expenses of $453.000 ond declared no dividends. On a December 31 consolidated balance sheet, what amount should be reported as noncontrolling interest? Multiple Choice 3307.2002 577925 5357170 5291,600

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