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Padlock Corp. owns 90 percent of Safeco, Inc. During the year,Padlock sold 3,000 locking mechanisms to Safeco for $900,000. Bythe end of the year, Safeco

Padlock Corp. owns 90 percent of Safeco, Inc. During the year,Padlock sold 3,000 locking mechanisms to Safeco for $900,000. Bythe end of the year, Safeco had sold all but 500 of the lockingmechanis 2 answers

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