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Hambly Corp.owned 80% of the voting common stock of Stroban Co.During 2009,Stroban sold a parcel of land to Hambly.The land had a book value of $82,000 and was sold to Hambly for $145,000.Stroban's reported net income for 2009 was $119,000.
Required:
What was the noncontrolling interest's share of Stroban Co.'s net income?
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The process of becoming hard or the condition of being hardened, often referring to an area of the skin that becomes firm from inflammation, edema, or malignant growth.
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A condition where the blood flow through the body's circulatory system is blocked or reduced, affecting the body's ability to deliver oxygen and nutrients to tissues.
Hydrogen Peroxide
A chemical substance known as H2O2 that serves as an oxidizing agent, a bleaching substance, and a disinfectant.
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