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Review of pre-consolidation cost method (controlling investment in affiliate, fair value equals book value) Assume an investee has the following financial statement information for the

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Review of pre-consolidation cost method (controlling investment in affiliate, fair value equals book value) Assume an investee has the following financial statement information for the three years ending December 31,2022 : Assume that on Gumiary 1, 2020, an investor company purchased 100 s of the outstanding voting common stock of the investee. On the dite of the acquisition, thie investees ifentilably net assets had fair values that approuimated their historical book values In addition, the acquisition resulted in no goodwill or barigairi purchase gain recognizedf in the consolidated financial statemerts of the investor company Assuming that the investor company uses the cost method to account for its investment in the inventare, what is the ballares in the Tncome from inurater" accourn in the invector companys pre- consolidotion income statement for the year ended December 31 , 2023 ? Cr2a:k sainoe s60o

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