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On January 1, 2020, Combi Corporation sold atract of land to its 100% owned subsidiary,...

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Accounting

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On January 1, 2020, Combi Corporation sold atract of land to its 100% owned subsidiary, Tinton Inc. for 350.000. The land only cost Combs 000 Tinion reported net income 3270,000 and $300,000 for 2020 and 2021, respectively. Combs received dividends from Tinton of $15.000 and $36.000 for 2020 and 2021, respect Assume that Cambovies the cont method to account for the investment in Tirikon. What is the balance in the preconsolidation income from Subtidary account for 2021 Select OAS 6.000 C3305,000 07.000 Next Save Anwes On January 1, 2020, Combi Corporation sold atract of land to its 100% owned subsidiary, Tinton Inc. for 350.000. The land only cost Combs 000 Tinion reported net income 3270,000 and $300,000 for 2020 and 2021, respectively. Combs received dividends from Tinton of $15.000 and $36.000 for 2020 and 2021, respect Assume that Cambovies the cont method to account for the investment in Tirikon. What is the balance in the preconsolidation income from Subtidary account for 2021 Select OAS 6.000 C3305,000 07.000 Next Save Anwes

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