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Part 2 Assume that although Selk owns 20% of Kildaire's outstanding stock, circumstances indicate that it does not have a significant influence over
Remove any balance related to the fair value adjustment. P620135-Jan23-Oct31-Dec Shares Ownership50,00020% 201415-Oct31-Dec Cost$1,560,000$115,000$2.30$232,800 $1,164,000 $130,000$2.60$295,200 $1,476,000 20152-Jan 50,000 20% $ 1,894,000...