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Price Company purchased 90% of the outstanding common stock of Score Company on January 1,2011, for $442,260. At that time. Score Company had stockholders' equity

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Price Company purchased 90% of the outstanding common stock of Score Company on January 1,2011, for \$442,260. At that time. Score Company had stockholders' equity consisting of common stock, $199,600, other contributed capital, $160,700; and retained earnings, $89,400, On December 31,2015, trial balances for Price Company and Score Company were as follows: Price Company's note receivable is receivable from Score Company, Interest of $7,650 was paid by Score to Price during 2015 . Any difference between book value and the value implied by the purchase price relates to goodwill. Price Company and $ Consolidated Statemen For the Year Ended Dece: Incomestatement Rstailosd Eaenings Statement Retained Earnings Statement Balance Sheet Total Noncontroiling Interest 1/1 Noncontrolling Interest 12/31 Eliminating Entries Noncontrolling Consolidated Dir. Cr. Interest Balance $ $ 5 Price Company purchased 90% of the outstanding common stock of Score Company on January 1,2011, for \$442,260. At that time. Score Company had stockholders' equity consisting of common stock, $199,600, other contributed capital, $160,700; and retained earnings, $89,400, On December 31,2015, trial balances for Price Company and Score Company were as follows: Price Company's note receivable is receivable from Score Company, Interest of $7,650 was paid by Score to Price during 2015 . Any difference between book value and the value implied by the purchase price relates to goodwill. Price Company and $ Consolidated Statemen For the Year Ended Dece: Incomestatement Rstailosd Eaenings Statement Retained Earnings Statement Balance Sheet Total Noncontroiling Interest 1/1 Noncontrolling Interest 12/31 Eliminating Entries Noncontrolling Consolidated Dir. Cr. Interest Balance $ $ 5

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