LargeCo files on a consolidated basis with LittleCo.The subsidiary was acquired for $500,000 on January 1,Year 1,and it paid a $90,000 dividend to LargeCo at the end of both Year 2 and Year 3.

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The Answer of LargeCo files on a consolidated basis with LittleCo.The subsidiary was acquired for $500,000 on January 1,Year 1,and it paid a $90,000 dividend to LargeCo at the end of both Year 2 and Year 3.

LargeCo Files on a Consolidated Basis with LittleCo