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P 2-5 Prepare an allocation schedule, compute income and the investment balance Quake Corporation paid $1,680,000 for a 30 percent interest in Tremor Corporation's outstanding

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P 2-5 Prepare an allocation schedule, compute income and the investment balance Quake Corporation paid $1,680,000 for a 30 percent interest in Tremor Corporation's outstanding voting stock on January 1, 2011. The book values and fair values of Tremor's assets and liabilities on with amortization data. are as follows (in thousands): P 2-5 Prepare an allocation schedule, compute income and the investment balance Quake Corporation paid $1,680,000 for a 30 percent interest in Tremor Corporation's outstanding voting stock on January 1, 2011. The book values and fair values of Tremor's assets and liabilities on with amortization data. are as follows (in thousands)

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