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Picky Corporation paid $350,000 for an 70% interest in Sticky Corporation on January 1, 20X6 when the stockholders' equity of Sticky consisted of $200,000 capital

Picky Corporation paid $350,000 for an 70% interest in Sticky Corporation on January 1, 20X6 when the stockholders' equity of Sticky consisted of $200,000 capital stock and $140,000 retained earnings....

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