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On January 1, 2021, Lee Company paid $1,870,000 for 80,000 shares of Thomas Co.'s voting common stock which repres Significant influence over Thomas was achieved
On January 1, 2021, Lee Company paid
$1,870,000
for 80,000 shares of Thomas Co.'s voting common stock which repres Significant influence over Thomas was achieved by this acquisition. Thomas distributed a dividend of
$2.00
per share dur Thomas
Co
. account found in the financial records of Lee as of December 31, 2021?\ Multiple Choice\
$2,114,000
.\
$2,194,000
.\
$2,354,000
.\
$2,158,000
.\
$2,034,000
.
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