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Parent Corporation holds 75%% of the common stock of Subsidiary Distributors, Inc., purchased on December 31, 2001, for $2,400,000. At the date of acquisition, Subsidiary

Parent Corporation holds 75%% of the common stock of Subsidiary Distributors, Inc., purchased on December 31, 2001, for $2,400,000. At the date of acquisition, Subsidiary reported common stock with a ...

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