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Business, 13.12.2021 20:30 1940swannabe

Answer saved Adamson Co. owns 60% of the voting common stock of Kilgore Corp. During 2020, Kilgore had revenues of $400,000 and expenses of $80,000. The amortization of the acquisition accounting premium totaled $34,000 in 2020. What amount should be reported in the consolidated income statement for income from noncontrolling interests? Select one: A. $128,000
B. $114,400
C. $107,600
D. $141,600

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Answer saved Adamson Co. owns 60% of the voting common stock of Kilgore Corp. During 2020, Kilgore h...
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