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What is the balance of the Poole Company Investment

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Reference no: EM132611530

Question - On January 1, Nickel Corporation purchased a 30% equity in Poole Company for $110,000. At December 31, Poole declared and paid a $30,000 cash dividend and reported net income of $80,000. As of December 31, what is the balance of the Poole Company Investment on Nickel's Balance Sheet?

Reference no: EM132611530

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