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Find what amount of investment revenue reported

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In January 1, 2037, Fl8-5D Company purchased 36% of the outstanding stock of Ja-9Ty Company for $250,000 cash. Ja-9Ty Company reported net income of $273,000 and paid dividends totaling $127,000 during 2037.

Problem 1: The amount of investment revenue reported on Fl8-5D Company's 2037 income statement related to its investment in Ja-9Ty Company would be equal to:

Reference no: EM132701405

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