Dewey Corporation owns 30 percent of the common stock of Jimm Company, which it purchased at underlying book value on January 1, 20X5. Dewey reported a balance of \(\$ 245,000\) for its investment in Jimm Company on January 1, 20X5, and \(\$ 276,800\) at December 31, 20X5. During 20X5, Dewey and Jimm Company reported operating income of \(\$ 340,000\) and \(\$ 70,000\), respectively. Jimm Company received dividends from investments in marketable equity securities in the amount of \(\$ 7,000\) during 20X5. It also reported an increase of \(\$ 18,000\) in the market value of its portfolio of trading securities and an increase in the value of its portfolio of securities classified as available-for-sale. Jimm Company paid dividends of \(\$ 20.000\) in 20X5. Ignore income taxes in determining your solution.

\section*{Required}

a. Assuming Dewey uses the equity method in accounting for its investment in Jimm Company, compute the amount of income from Jimm Company recorded by Dewey in 20X5.

b. Compute the amount added to the investment account during \(20 \times 5\).

c. Compute the amount reported by Jimm Company as other comprehensive income in 20X5.

d. If all of Jimm Company's other comprehensive income arose solely from its investment in available-for-sale securities purchased on March \(10,20 \mathrm{X} 5\). for \(\$ 130,000\), what was the market value of those securities at December \(31,20 \times 5\) ?