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Ziegler Corporation purchased 25,000 shares of common stock of the Sherman Corporation for...

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Question

Accounting

Ziegler Corporation purchased 25,000 shares of common stock of the Sherman Corporation
for $40 per share on January 2,2020. Sherman Corporation had 100,000 shares of common
net income of $500,000 for 2021. Zie
$37,500.
$87,500.
$125,000.
$137,500.
image

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