(Solved by Humans)-Problems 7-17, 7-28 and 7-29

Paper Details

Can I get some help in getting solutions to the problems shown above. I am attaching the folder containing the problems Document Preview: -1000000 -450000 -280000 670000 280000 190000 110000 60000 30000 -36000 0 0 -4000 -12000 0 -260000 -122000 -60000 -800000 -600000 -1280000 500000 400000 784000 100000 100000 202500 -80000 0 0 -280000 -100000 -293500 18700 -274800 -620000 -290000 -611600 -280000 -100000 -274800 70000 20000 70000 -830000 -370000 -816400 290000 90000 360000 190000 160000 338000 390000 0 0 380000 260000 640000 0 0 32500 1250000 510000 1370500 -270000 -60000 -310000 0 0 -94100 -120000 -80000 -120000 -30000 0 -30000 -830000 -370000 -816400 -1250000 -510000 -1370500 -900000 -500000 -200000 -1400000 500000 240000 80000 627000 294000 129000 50000 489250 -144000 -49000 0 0 -250000 -180000 -70000 -283750 31950 18000 -233800 -600000 -400000 -100000 -572400 -250000 -180000 -70000 -233800 50000 40000 50000 50000 -800000 -540000 -120000 -756200 262000 206000 70000 538000 290000 310000 160000 738000 628000 0 0 0 0 238000 0 0 420000 316000 270000 1006000 0 0 0 206250 1600000 1070000 500000 2488250 -600000 -410000 -280000 -1290000 -200000 -120000 -100000 -200000 -800000 -540000 -120000 -756200 0 0 0 -146050 0 0 0 -96000 -1600000 -1070000 -500000 -2488250 Problem 17 Baxter, Inc., owns 90 percent of Wisconsin, Inc., and 20 percent of Cleveland Company. Wisconsin, in turn, holds 60 percent of Cleveland's outstanding stock. No excess amortization resulted from these acquisitions. During the current year, Cleveland sold a variety of inventory items to Wisconsin for $40,000 although the original cost was $30,000. Of this total, Wisconsin still held $12,000 in inventory (at transfer price) at year end. During this same period, Wisconsin sold merchandise to Baxter $100,000 although the original cost was only $70,000. At year end, $40,000 of these goods (at the transfer price) was still on hand. The initial value method was used to record each of these investments. None of the companies holds any...