Question 17 of 203 Me to another question will save this response 1 points Question 12 Das Corporate puths so percent interest in Tim Corporation for $1,260,000 on January 1, 2016, when the book value of Tims net assets equals 100.000 The located to a patent with a ten-year remaining useful life. Tim reports a net income of $130.000 in 2016. Quickbooks dy balance dudesuncealed profits of $20,000 from Tim. Under parent company theory, the amount of unrealized profit to be eliminated 11.00 More to other question will save this response. Question 17 of 20 Question 17 of 203 Me to another question will save this response 1 points Question 12 Das Corporate puths so percent interest in Tim Corporation for $1,260,000 on January 1, 2016, when the book value of Tims net assets equals 100.000 The located to a patent with a ten-year remaining useful life. Tim reports a net income of $130.000 in 2016. Quickbooks dy balance dudesuncealed profits of $20,000 from Tim. Under parent company theory, the amount of unrealized profit to be eliminated 11.00 More to other question will save this response. Question 17 of 20