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On january 1 2 0 1 4 , Pan corporation purchased a 8 0 % interest in Slit corporation at book value ( equal to

On january 12014, Pan corporation purchased a 80% interest in Slit corporation at book value (equal to fair value). At that time, Slit owned 60% interest in tap corporation (acquired at book value equal to fair value) and a 15 percent interest in tap company. The four companies had the following seperate incomes and dividends for 2014 Determine the controlling and non controlling interest share of consolidation net income.

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