Kakhie Company issued share capital of 20,000 shares with USD5 par at USD10 per share. On January 1, 2012, the retained earnings were USD300,000. In March 2012, Kakhie Company reacquired 5,000 shares at USD20 per share. In July 2012, Bruno Company sold 1,000 shares of these shares to its corporate officers for USD25 per share. Bruno Company uses the cost method to record treasury shares. Net income for 2012 was USD60,000. On December 31, 2012, what amount should Kakhie Company report as unappropriated retained earnings?

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.