Scott Co. acquired 70\$ of Gregg Co, for $525.000 on December 31, 2019 when Gregy's bock value was $580,000. The Gregg stock was not actively tradod, On the date of acquintar Grega had equipment (with a ten year iff) that was undervalued in the friancial records by $170.000 One year later, the fwo companies provided the selected amounts shown below, Additionally, no dividenas heve been poid. Scott Co. acquired 70\$ of Gregg Co, for $525.000 on December 31, 2019 when Gregy's bock value was $580,000. The Gregg stock was not actively tradod, On the date of acquintar Grega had equipment (with a ten year iff) that was undervalued in the friancial records by $170.000 One year later, the fwo companies provided the selected amounts shown below, Additionally, no dividenas heve been poid