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Moving to another question will save this response >> Question 12 10 points Save Answer Tribal Company acquired 30% of the voting stock of Jasper Corporation on January 1, 2019 for $53,000,000. All book values of Jasper's assets and liabilities equal fair values except patents (4-year remaining life) undervalued by $1,000,000 and a building (10-year remaining life) overvalued by $2,000,000. During 2019. Jasper reported total net income of $23,000,000 and paid $8,000,000 in dividends 19. Jasper reported total net imaining life) undervalued by $1,000,000 and 200.000. All book values of Jasper Prepare the journal entries recorded by Tribal Company in 2019 using the equity method. TT T Arial 3 (12pt) T.E.E . ' Content Editor. Press ALT F10 for toolbar. Press ALTO for help. Path:p Words:0 > Moving to another question will save this response, Question 12 of 14 >>> & summer application estimate. Tax