Determining report investment revenue

Reference no: EM13149570

Stone Co. owns 3,000 of the 10,000 outstanding shares of Maye Corp. common stock. During 2007, Maye earns $180,000 and pays cash dividends of $50,000. Stone should report investment revenue for 2007 of

a. $18,000

b. $35,000

c. $45,000

d. $54,000

please show work

Reference no: EM13149570

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