Question

ration pureroscd 7S9% of the Cutstandiag utorain for lǐ8p.co on VOli osistca of the following lin tha The excoss foir ue Of the nef assas cquiredl wos at dac. 31, 3030 Other assels nel 1,2oo Oivi 9006 ional pad in Copital 00 1200 b00 3340 5530 diay for acon will af Orr 31,0020 Controthing interes shore For 2o20 Controlling interes at cantaling U interes!at 31, a0l9 3l, a0ao

Answer 1

Good oil al Decem ben 31,2020 ealeof fai Toheal eraly f s Cop Excess feis Nave Ant loves tecd shaie S Corp 0叩 4800000-4너,800,000 $6.400,ooo ,2oo,o oo : 1,600,000 mteiesT shave r 2020 Non-Contto ltin Interests,aleニ Adjusted lecome sorp shave sales-Exp )- ncome va tve 1600000 x 401. tnooooo) 兆2500000 yecens $ 800,000-46 40,000 $200,000-tgo,000 ,, Non-coal tolin Inlesest shae2,000 X25

Relai at Dec-31,2019- ear, inas 3)Consolidated onsoludate Conso lidate d Retained Canings is $3,3u0,00 o e opeping As Dec 31, 201q ecuninas aue ue raion for eaunings of Pam Covpora che feas endiog 21 112 2020 soidated Retai ed eaupings a Decembe 3120 Consalidale d Retained eanings Retained eaning t Net Income _ dividend Reid et Income dividen 3,340,000 2,10,0oo00,000 s Consok dated Net ncome y 2020. P Cor poralion 8.000000 sales 卑2,000,00 Coxposa tHon cale s P Coxpora hon expenses 냐 6,270,000 9 Ces pora ion Expenses C 12 0090o 186,00o Consolidated rlet income . | 42, 1700001

\nlees Cookolt,89 Non at Dec 31, 2019 4.800,000 ook Value 326,000 Good loill Fair Valbe of au 499 2000 25 nlerest 142000c on ontol Book value of pla(H』(o chase-Coe Cos took va loe af plant Goo d Uoill 240000 OO Ooo 2S Book value ofplant Rrohaşe Cost 2 424 000