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On January 1 , 2 0 2 1 , Halpert Inc. acquired 3 0 % of Schrute. It no longer had the ability to exercise

On January

1, 2021,

Halpert Inc. acquired

30 %

of Schrute. It no longer had the ability to exercise significant influence over the operations of Schrute. How should Halpert account for this change

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