Solved On January 1, 20X5, Pirate Company acquired all of

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Solved On January 1, 20x5, Pirate Company acquired all of

Solved On January 1, 20X5, Pirate Company acquired all of

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Solved On January 1, 20X5, Pirate Company acquired all of

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Solved On January 1, 20X5, Pirate Company acquired all of

Solved On January 1, 20X5, Pirate Company acquired all of

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Solved On January 1, 20X5, Pirate Company acquired all of

Solved On January 1, 20X5, Pirate Company acquired all of

SOLVED: On January 1, 20X9, Pirate Corporation acquired 80 percent of Sea-Gull Company's common stock for 160,000 cash. The fair value of the noncontrolling interest at that date was determined to be40,000.

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