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Review of pre-consolidation equity 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 equity method (controlling investment in affiliate, fair value equals book value) Assume an investee has the following financial statement information for the three years ending Decernber 31,2022 : net assess had falc velues that agprovimated their historical book values. In addition, the acquibition resulted in no goodwil or bargain purchave tain recoryured in the convelidated financial statements of the irveitor cormpany. Aswuming that the investor company uses the equity method to account for its invertment in the investre, what is the baliance in the Aincome from impotee' account in the impoutor company's precconsolidation income statement for the year ended Deceinber 31, 202z? \begin{tabular}{|r} \hline pu,009 \\ \hline 160,0000 \\ \hline 525,600 \\ \hline \end{tabular} {35,200

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