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On January 1,20X8,Package Company Acquired 80 Percent of Stamp Company's

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On January 1,20X8,Package Company acquired 80 percent of Stamp Company's common stock for $280,000 cash.At that date,Stamp reported common stock outstanding of $200,000 and retained earnings of $100,000,and the fair value of the noncontrolling interest was $70,000.The book values and fair values of Stamp's assets and liabilities were equal,except for other intangible assets which had a fair value $50,000 greater than book value and an 8-year remaining life.Stamp reported the following data for 20X8 and 20X9:
On January 1,20X8,Package Company acquired 80 percent of Stamp Company's common stock for $280,000 cash.At that date,Stamp reported common stock outstanding of $200,000 and retained earnings of $100,000,and the fair value of the noncontrolling interest was $70,000.The book values and fair values of Stamp's assets and liabilities were equal,except for other intangible assets which had a fair value $50,000 greater than book value and an 8-year remaining life.Stamp reported the following data for 20X8 and 20X9:    Package reported net income of $100,000 and paid dividends of $30,000 for both the years. -Based on the preceding information,what is the amount of consolidated comprehensive income reported for 20X9? A) $145,000 B) $135,000 C) $138,750 D) $128,750 Package reported net income of $100,000 and paid dividends of $30,000 for both the years.
-Based on the preceding information,what is the amount of consolidated comprehensive income reported for 20X9?

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