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QUESTION 24 Pickle, Incorporated acquired 60% of Cucumber Company on January 1, 2019. On that date Cucumber sold equipment to Pickle for $45,000. The equipment

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QUESTION 24 Pickle, Incorporated acquired 60% of Cucumber Company on January 1, 2019. On that date Cucumber sold equipment to Pickle for $45,000. The equipment had a cost of $120,000 and accumulated depreciation of 566,000 with a remaining life of 9 years. Cucumber reported net income of $293,000 for 2019. Pickle uses the equity method to account for its investment in Cucumber. Compute the non-controlling interest in the net income of Cucumber for 2019. $120,400 $116,400. $123,200 $112,000. None of the above

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