Question: Problem 3-5 (Algo) (LO 3-1) Blackboard Learn Connect kopie Cloud ting Google Wide Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2018.
Problem 3-5 (Algo) (LO 3-1) Blackboard Learn Connect kopie Cloud ting Google Wide Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2018. On that date, Pau's equipment Moyes remaining of hans bok vited $427,000 but a fair value of $593,000. Kimmel has equipment Mo-year remaining they with a book value of $21700 bat n value of 10 Pu uses the equity method to record its investment in Kimmel. On December 31, 2020, Paar has equipment with a book via d $294900 bat zerte $497,900. Kimmel has equipment with a book value of $207,900 but a fair value of $477000. What is the conscicated balance for the supret account as of December 31, 2020? Multiple Choice $506,800. $914,900 $623,000 $672,800
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