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Paulina, Incorporated, owns 90 percent of Southport Company. OnJanuary 1, 2021, Paulina acquires half of Southport??s $500,000outstanding 13-year bonds. These bonds had been sold on

Paulina, Incorporated, owns 90 percent of Southport Company. OnJanuary 1, 2021, Paulina acquires half of Southportâ??s $500,000outstanding 13-year bonds. These bonds had been sold on the openmarket 2 answers

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