Question: Originaly cost $ 1 8 0 , 0 0 0 but had a book value of only $ no , 0 0 0 when translerred

Originaly cost $180,000 but had a book value of only $ no,000 when translerred On that date, The equipment had a five-year remaining life. Depreciation expense is computicd using the strage are method Ackerman atributed any excess acqusion date far value to frarngun's wouldind lechnologs, which was amortived at a zate of $4,000 per year
Required:
Whir it corriolidated net income for 2024?
b. What is the parents thare of consoldated net acone for 2024 f. Acienan owns only 90 percent of Branngan?
c. What is the parents share of consoldated net encone for 2024 f Acheman pars only 90 percent of Erannigan and the equipment transfer was upstrram?
Answer is complete test not entirely coerest.
\table[[,Amputise],[a Currollited rest income for 2004,120.5000],[b. Parefis ulure of considienet net ingrese,1221 Hot 0],[c. Perenrishare all coescolderal teet incurse,s 2201000],[4 Comodided nathones for 20.85,40020000]]
Originaly cost $ 1 8 0 , 0 0 0 but had a book

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