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please solve (b) X purchased 40% of Y on January 1, 2019I for $400,000. Y paid dividends of $50,000 in each year. Y's income statements

please solve (b) X purchased 40% of Y on January 1, 2019I for $400,000. Y paid dividends of $50,000 in each year. Y's income statements for 2019I and 2020 showed the following. El 2019 2020 Income (...

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