What amount should investors investment

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Reference no: EM13913036

Investor Inc. owns 40 percent of Alimand Corporation. During the calendar year 20X5, Alimand had net earnings of $100,000 and paid dividends of $10,000. Investor accounts for this investment using the equity method. In its December 31, 20XX balance sheet, by what amount should Investor’s investment in Alimand Corp. change?

Reference no: EM13913036

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