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QUESTION 16 on January 3, 2oxe. Redding Company acquired 80 percent of Frazer Corporation's common stock for $344,000 at 80% of book value in Ons

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QUESTION 16 on January 3, 2oxe. Redding Company acquired 80 percent of Frazer Corporation's common stock for $344,000 at 80% of book value in Ons het re ncquisition date, the book values and fair values of Frazer's net assets was equal. The stockholders' equity accounts of the two companies at the acquisition date are: Redding Frazer Common Stock $1 Par $500,000 $200,000 Additional PIC 300,000 80,000 Retained earnings 350,000 150,000 Total Stockholders Equity 1450.000 430,000 What is the total amount of stockholders' equity (including the noncontrolling interest) in the consolidated balance sheet as of January 3, 20x9? 51,084,000 $1,580,000 $1,150,000 $1,236,000 QUESTION 17 O and Store and mi. Click Save All Aussers to save all answers Save Alw 80

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