Question: Preparing a consolidated income statement-Equity method with noncontrolling interest and AAP a. Compute the Income (loss) from subsidiary of $86,450 reported by the parent company

Preparing a consolidated income statement-Equity method with noncontrolling interest and AAP

Preparing a consolidated income statement-Equity method with noncontrolling interest and AAP a. Compute the Income (loss) from subsidiary of $86,450 reported by the parent company in its preconsolidation income statement. Do not use negative signs with your answers below. b. Prepare the consolidated income statement for the current year. Do not use negative signs with your answers below

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