Question: On April 1 , 2 0 x 1 , Pitch purchased 8 0 % of the outstanding stock of Slot by paying $ 4 1

On April 1,20x1, Pitch purchased 80% of the outstanding stock of Slot by paying $416,000 in cash. Noncontrolling interest at that time was $104,000. At December 31,20x1, the fiscal year end for each company, their trial balances showed the following:

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