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Purple Corporation recently attempted to expand by acquiring ownership in Green Company. The following ownership structure was reported on December 3 1 , 2 0

Purple Corporation recently attempted to expand by acquiring ownership in Green Company. The following ownership structure was
reported on December 31,20X9:
The following income from operations (excluding investment income) and dividend payments were reported by the companies during
20X9:
Required:
Compute the amount reported as consolidated net income for 20X9.
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