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Salt Corporation, a B0% owned subsidiary of Peanut Corporation, sold inventory items to its parent at a $48.000 profit in 20x2. Peanut resold one-third of

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Salt Corporation, a B0% owned subsidiary of Peanut Corporation, sold inventory items to its parent at a $48.000 profit in 20x2. Peanut resold one-third of this inventory to sutside entities Salt reported net income of $200.000 for 20x2. Non-controllo interest share of consolidated net income that will appear in the income statement for 20X2 is: Select one a $30,400 1.532.000 c.513,600 Od 540.000 Salt Corporation, a B0% owned subsidiary of Peanut Corporation, sold inventory items to its parent at a $48.000 profit in 20x2. Peanut resold one-third of this inventory to sutside entities Salt reported net income of $200.000 for 20x2. Non-controllo interest share of consolidated net income that will appear in the income statement for 20X2 is: Select one a $30,400 1.532.000 c.513,600 Od 540.000

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