Get an AnswerMaya Angelou " I know why the caged bird sings"Smart Writing ServicesOctober 25, 2017 7:29 amOctober 25, 2017Previous ArticleOn January 1, 2011, Peres Company purchases 80% of the common stock of Soap Company for $308,000. Soap has common stock, other paid-in capital in excess of par, and retained earnings of $50,000, $100,000, and $150,000, respectively.Next ArticleSTP & SITUATION ANALYSIS