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Question 7 Not yet answered Marked out of 100 An 80%-owned subsidiary sells land to its parent at a gain of $100.000. The following year,

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Question 7 Not yet answered Marked out of 100 An 80%-owned subsidiary sells land to its parent at a gain of $100.000. The following year, the parent sells the land to an outside entity for a gain of $10,000. How is the noncontrolling interest in net income affected in the year the parent sells the land? Select one: O A. Increase of $20,000 O B. Decrease of $22.000 O C. Decrease of $2.000 D. No effect

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