On January 1, 2017, Price Company purchased 40% of SeanCompany??s 30,000 shares of voting common stock for a cash paymentof $1,800,000 when 40% of the

On January 1, 2017, Price Company purchased 40% of SeanCompanyâ??s 30,000 shares of voting common stock for a cash paymentof $1,800,000 when 40% of the net book value of Sean Company was$1,740,000. 2 answers