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??????? On December 31, Year 2, Palm Inc. purchased ( 80 % ) of the outstanding ordinary shares of Storm Company for ( $ 450,000

??????? On December 31, Year 2, Palm Inc. purchased $ 80 \% $ of the outstanding ordinary shares of Storm Company for $ \$ 450,000 $. At that date, Storm had ordinary shares of $ \$ 340,000 $ and retain 2 answers

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