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ted 1, Net income during 2013 reported by Berlian Tbk was $60,000 2 Income from subsidiary reported by Permata Tbk was $36,000 REQUIRED 1. Calculate
ted 1, Net income during 2013 reported by Berlian Tbk was $60,000 2 Income from subsidiary reported by Permata Tbk was $36,000 REQUIRED 1. Calculate the purchase price of Berlian Tbk by Permata ibk cn I y 013 2. Calculate the total amount of stockholders equity at ihe time of the pure 3 Calculate the total amount of noncontrolling interest share. 80 percent E 10-3 Preferred stock held by parent with dividend arrearage On January 1, 2014, Pop AG purchased 750 shares of outstanding preferred stock from Ron AG, its 90 percent-owned affiliate, at $100 per share. The stockholders' equity of Pop AG at the time was as follows: cord $415,000 $114,000 Common stockholders' equity Preferred stockholders' equity (1,000 shares, 104 call price per share, $10 per share dividend arrearage) 2016, itional Ron reported net income of $50,000 and passed dividend during 2014. REQUIRED: Prepare the necessary entries needed for Pop AG to account for the transactions above. E 10-4 [Preferred stock] Investment cost and net income-subsidiary preferred stock Pam Corporation owns 80 percent of Sun Corporation's common stock, having acquired the interest at a fair value equal o book value on December 31, 2016. During 2017, Pam's separate income is $6,000,000 and Sun Corporation's net income is $1,000,000. Pam and Sun declare dividends in 2017 of $2,000,000 and $600,000, respectively
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