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A corporation using the equity method of accounting for its investment in a 80%owned investee,...

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Accounting

A corporation using the equity method of accounting for its investment in a 80%owned investee, which earned $20,000 and paid $5,000 in dividends

What is the ending balance of investment on 31/12 if investment in 1/1 amount 100,000$ ?

Select one: a. 120,000 b. 100,000 c. 112,000 d. 115,000

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