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Question 1 (2 points) On January 1, 2020, Pink Corp. 'sold' a machine for $3200 to Slink Corp., its wholly owned subsidiary. Pink paid $12000

Question 1 (2 points) On January 1, 2020, Pink Corp. 'sold' a machine for $3200 to Slink Corp., its wholly owned subsidiary. Pink paid $12000 for this machine. At January 1, 2020, accumulated depreci...

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