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Able Company Owns an 80% Interest in Barns Company and a 20

Question 33

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Able Company owns an 80% interest in Barns Company and a 20% interest in Carns Company.Barns owns a 40% interest in Carns Company.The reported income of Carns is $20,000 for 2019.Which of the following shows how it will be distributed? ?
 Barns Carns  Controlling  Non-  Non-  Interest  Controlling  Controlling \begin{array}{ccc}&\text { Barns} & \text { Carns }\\\text { Controlling } & \text { Non- } & \text { Non- } \\\text { Interest } & \text { Controlling } & \text { Controlling }\end{array}
A) $10,400$1,600$8,000\begin{array}{lrr} \$ 10,400 &&&& \$ 1,600 &&& \$ 8,000 \\\end{array}
B) $2,000$8,000$8,000\begin{array}{lrr} \$ 2,000 &&&& \$ 8,000 &&&& \$ 8,000 \\\end{array}
C) $12,000$0$8,000\begin{array}{lrr} \$ 12,000 &&& \$ 0 &&&&&& \$ 8,000 \\\end{array}
D) $10,400$9,600$0\begin{array}{lrr}\$ 10,400 &&& \$ 9,600 &&&& \$ 0\end{array}

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