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Zwick Company bought 28,000 shares of the voting common stock of Handy Corporation in January...

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Accounting

Zwick Company bought 28,000 shares of the voting common stock of Handy Corporation in January 2013. In December, Handy announced $200,500 net income for 2013 and declared and paid a cash dividend of $4 per share on the 202,000 shares of outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2013 would be:

$ 0.

$27,792.

$112,000.

None of the above is correct.

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