Question: Ouestion 2 ( 3 6 marks ) A - Sal Inc. is a 8 0 % owned subsidairy of Pal corporation, which was acquired at

 Ouestion 2(36 marks) A- Sal Inc. is a 80% owned subsidairy

Ouestion 2(36 marks)
A- Sal Inc. is a 80% owned subsidairy of Pal corporation, which was acquired at book value several years ago. Separate compay income statements for 2021 is shown below:
\table[[,Pal,Sal],[Sales,30,000,000,12,800,000
of Pal corporation, which was acquired at book value several years ago.

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