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How much investment income should Dexter report

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Reference no: EM132723316

Question - Sandhill Corporation earns $680000 and pays cash dividends of $220000 during 2021. Dexter Corporation owns 2600 of the 10000 outstanding shares of Sandhill. How much investment income should Dexter report in 2021?

a. $119600.

b. $220000.

c. $680000.

d. $176800.

Reference no: EM132723316

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