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Question 46 (3 points) Saved If everything the same as in the prior question (see the italic information below in case you need) except that

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Question 46 (3 points) Saved If everything the same as in the prior question (see the italic information below in case you need) except that G applies the equity method in accounting for K, what is the consolidated balance for the Equipment account as of 12/31/Y2? G, Inc. acquires all of the voting stock of K, Inc. on 1/1/Yl, at an amount in excess of K's fair value. On that date (Yl), G has equipment with a book value of $800,000 and a fair value of $1,200,000 (10-year remaining life) Khas equipment with a book value of $90,000 and a fair value of $120,000 (10-year remaining life). On 12/31/Y2, G has equipment with a book value of $975,000 but a fair value of $1,350,000. Khas equipment with a book value of $105,000 but a fair value of $125,000. $1,475,000 $1,468.000 $1,080,000 $1,100.000 $1,104,000 Question 45 (3 points) G Inc, acquires all of the voting stock of K Inc on 1 Y at an amount in excess of K's fair value G has equipment with a book value of $800,000 and a fair value of $1.200.000 (10-year remaining life). K has equipment with a book value of $90,000 and a fair value of $120.000 (10-year remaining life). On that date On 12/31/42 G has equipment with a book value of $975 000 but a far value of $1,350,000. Khas equipment with a book value of S105.000 but a fair value of $125,000. If G applies the partial equity method in accounting for K what is the consolidated balance for the Equipment account as of 12/31 Y22 $1,100.000 $1,468,000 $1,475.000 1080,000 CSI 104.000

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