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Question 10 Nt yet antwered Marked eut of 5,00 Martindale Company, a 100% owned subsidiary of Weisman Corporation, sels imventory to Weisman at a 20%
Question 10 Nt yet antwered Marked eut of 5,00 Martindale Company, a 100\% owned subsidiary of Weisman Corporation, sels imventory to Weisman at a 20% profit on selling price. The folowing data are avalable pertaining to inter-company purchases by Weisman: Martindale's profit numbers were $125,000,$142,000 and $265,000 for 2020,2021 , and 2022 , respectively. Weisman received dividends from Martindale of $25,000 for 2020 and 2021 , and $30,000 for 2022 Assume Weisman uses the equity method to account for its irvestment in Martindale. What is the balance in pre-consolidation Incorne (loss) from subsidiary f 2022 Select one: A. $235,000 B. $264,600 C. $268,600 D. $265,400
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