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On January 1, 2021, Donkey Inc., exchanged $177,525 for 25 percent of Sweeney Corporation. Donkey Inc. appropriately applied the equity method to this investment. At

On January 1, 2021, Donkey Inc., exchanged $177,525 for 25 percent of Sweeney Corporation. Donkey Inc. appropriately applied the equity method to this investment. At January 1, the book values of Swee...

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