What is the investment in sub account balance as of december

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Problem

Parent acquires 80% of Sub for $170,000 on December 31, 2014. In 2015 Sub has net income of $140,000 and paid dividends of $70.000. Amortization of excess fair value over book value for the year was $43,750. Get the instant assignment help. What is the Investment in Sub account balance as of December 31, 2015?

Reference no: EM133921868

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