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This question is based on the information in the previous question. Recell that 8,9 Company purchased 100 s of Small Companys common stock for $900,000

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This question is based on the information in the previous question. Recell that 8,9 Company purchased 100 s of Small Companys common stock for $900,000 an 17x1 and elected the equity Assume that the balance sheets of Big and 5 mall ace ceosolldated on 12/31/x1. How much consolidated retalned earnings wil be reported on 12/31/X1? Mative Chace $430000 5830060 369000 3750000

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