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On April 1 , 2 0 2 4 , Proud Co . acquired 6 0 percent ownership in Mint Co . Total annual excess amortization

On April 1,2024, Proud Co. acquired 60 percent ownership in Mint Co. Total annual excess amortization result from the acquisition was $18,000. In 2024, Proud reports revenues of $800,000 and expenses of $450,000. In the same year, Mint reports revenues of $500,000 and expenses of $300,000. The parent figures contain no income from the subsidiary.
What is the consolidated revenue for 2024 in this mid-year acquisition?
$1,025,000
$1,300,000.
$1,100,000
$1,175,000
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