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Assuming There Are No Excess Amortizations or Other Intra-Entity Transactions

Question 32

Multiple Choice

Assuming there are no excess amortizations or other intra-entity transactions, compute income from Stark reported on Parker's books for 2017.

A) $205,000.
B) $200,000.
C) $180,000.
D) $175,500.
E) $184,500.

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