LargeCo files on a consolidated basis with LittleCo. The subsidiary was acquired for $400,000 on January 1, Year 1, and it paid a $75,000 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 $400,000 on January 1, Year 1, and it paid a $75,000 dividend to LargeCo at the end of both Year 2 and Year 3.

LargeCo Files on a Consolidated Basis with LittleCo