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PART C 1) On January 2, 2019, Parca Corporation acquired 70 percent interest in Saif Corporation on for $2,800,000. Parca's capital stock and retained earnings

PART C 1) On January 2, 2019, Parca Corporation acquired 70 percent interest in Saif Corporation on for $2,800,000. Parca's capital stock and retained earnings were $7,200,000 and $3,200,000 respectiv...

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