Question: Problems: ( 1 5 points ) Peach Company acquired 8 0 % of the outstanding common stock of Strawberry Company on January 2 , 2

Problems: (15 points) Peach Company acquired 80% of the outstanding common

Problems:
(15 points) Peach Company acquired 80% of the outstanding common stock of Strawberry Company on January 2,2024 for $675,000. At that time, Strawberry's total stockholders' equity amounted to $1,000,000. Strawberry Company reported net income and dividends for the last two years as follows:
\table[[,2024?,2025?
stock of Strawberry Company on January 2,2024 for $675,000. At that time,

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