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What crane should report investment revenue of

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Reference no: EM132916713

Crane Company owns 11000 of the 50000 outstanding shares of Taylor, Inc. common stock. During 2021, Taylor earns $960000 and pays cash dividends of $780000.

Problem 1: Crane should report investment revenue for 2021 of

Option 1: $39600.
Option 2: $0.
Option 3: $171600.
Option 4: $211200.

Reference no: EM132916713

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