What would be the balance of equipment

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Question - Alpha Inc. purchased 70% of the outstanding shares of Beta Inc. on January 1, X1, at a price that was in excess of the subsidiary's net FV. On that date, Beta had equipment with a BV of $100,000 and a FV of $160,000 (with a remaining useful life of 10 years). On December 31, X4, Alpha has equipment with a BV of $200,000 and a FV of $250,000. Beta has equipment with a BV of $100,000 and a FV of $120,000. What would be the balance of equipment on the consolidated balance sheet on December 31, X4?

Reference no: EM133094946

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