Tik Corp. accounts for its 35% investment in Tok Corp. using the equity mechod of...
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Tik Corp. accounts for its 35% investment in Tok Corp. using the equity mechod of accounting. The investment was made on January 2 . 20023, at a cost of $450,000. During 2023, Tok Corporation reptted $100,000 of income and paid $40,000 in dividends. After making al appropriale entries. what will be the balance in Tik's s investment in Tok Corporation common shares account? Enter a number only. Do not use +... $ or commas
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