Business, 26.06.2019 03:40, DragonLovely

Pink inc. sells half of its 70% interest in salmon co. on january 1, 20x6. on that date, the fair value of salmon as a whole is $940,000 and the carrying amount of pink's 70% share of salmon is $320,000. what, if any, is the gain on the sale of half of pink's interest in salmon?

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Pink inc. sells half of its 70% interest in salmon co. on january 1, 20x6. on that date, the fair va...