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Belden acquires 30 percent of the outstanding voting shares of Sheffield on January 1, 2017, for $522,000, which gives Belden3. Assume that Belden sells inventory to Sheffield during 2017 and 2018 as follows: Cost to Price to Year-End Balance Year Be

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Answer #1

Hope X100 ③ Equity income - 2018 2017 Ending, investory = $16000 % of Gros profetz $70000 $24000 $40000 40% Sota-enty gros pr2011 equity requutymane = @ Cain Sale of incosment Jan Idoit, puechax prce - $5 22000 $101,325 297 dividends 38% x 140000 $42O equly income in 2017 (2018 Armeel amortizchon = Pavchave price - Net book Value Remaining life of copyright = $522000 -($15

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