In January 2020. Domingo. Inc, acquired 20 percent of the outstanding common stock of Martes,...
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In January 2020. Domingo. Inc, acquired 20 percent of the outstanding common stock of Martes, Inc. for $256.000. This Investment gave Domingo te betydercise significant intende over Martes, whose balance sheet on et date showed total assets of 54634.000 with liabilities of $974.000. Any cess of cost over book value of the investment was attributed to posent having a remaining useful le of 10 years In 2020. Martes reporedne income of 525.000. In 2021 Martes reported income of $302.250 Dividends of 573.000 were declared in each of these two years. What is the equy method balance of Domingos investiert in Notes, Inc, ut December 31, 2017 to Croce 0 BE 0 5010010 S4230
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