Bee company purchased 70 of apple corporation for 350000 on

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Bee Company purchased 70% of Apple Corporation for $350,000 on January 1, 2008. On May 30, 2008 Apple Corporation declared total dividends of $42,000. At year-end Apple Corporation reported net income of $180,000. What is the balance in Bee Company's investment in Apple Corporation account at year end?

Reference no: EM13596287

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