Seve Question 4 1 points Powns 80% of S. During 2020,...
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Seve Question 4 1 points Powns 80% of S. During 2020, P sold goods that cost $150,000 to Sfor $240,000. One-third of these goods remained in S's inventory at December 31, 2020. S reported net income of $500,000 for 2020 P's income from S for 2020 is: $410,000 $376,000 $470,000 $400,000
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