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On January 1, 2023, Chamberlain Corporation pays $550,000 for a 60 percent ownership in Nevalle. Annual excess fair-value amortization of $16,400 results from the acquisition
On January 1, 2023, Chamberlain Corporation pays $550,000 for a 60 percent ownership in Nevalle. Annual excess fair-value amortization of $16,400 results from the acquisition On December 31,2024 , Nevitte reports revenues of $475,000 and expenses of $330,000 and Chamberiain reports revenues of $782,000 and expenses of $444,000. The parent flgures contain no income from the subsidlary. What is consolidoted net income atiributable to Chamberiain Corporation? Multiple Choice $415,160 $466,600 $432,560 $475,000
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