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Accounting

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A Moving to the next question prevents changes to this answer Question 1 of 5 uestion 1 1 points Save Answer Jans Inc. acquired all of the outstanding common stock of Tysk Corp. on January 1, 2009. for 372,000. Equipment with a ten-year life was undervalued on Tysk's financial records by $46,000. Tysk also owned an unrecorded customer list with an assessed fair value of $67.000 and an estimated remaining life of five years. Tysk earned reported net income of $180,000 in 2009 and $216,000 in 2010. Dividends of $70.000 were paid in each of these two years. Selected account balances as of December 31, 2011, for the two companies follow. Jans Tysk Revenues $ 1.080,000 840,000 Expenses 480.000 600,000 Equity in investee income ?? Retained Earnings 1/1/2011 840.000 600.000 Dividends paid 132,000 70,000 of the equity method had been applied, what would be the balance of equity in subsidiary earnings at the end of 2017 O A $222.000 OB. $600,000 O C. $840,000 O D. $240.000. O E. 5582,000

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