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Parkette, Inc., acquired a 60 percent interest in Skybox Company several years ago. During 2020, Skybox sold inventory costing $270,000 to Parkette for $337,500. A

Parkette, Inc., acquired a 60 percent interest in Skybox Company several years ago. During 2020, Skybox sold inventory costing $270,000 to Parkette for $337,500. A total of 13 percent of this inventor 2 answers

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