Whirlpool Corporation is a leading manufacturer of household appliances. In Brazil and Mexico Whirlpool operates through affiliated companies, whose stock Whirlpool owns in various percentages between 20 and 50 percent. Whirlpool's financial statements reported these items:

Whirlpool's financial statements reported no sales of investments in affiliated companies during 19X2 or 19X1.
\section*{Required}
Compute the amount of dividends Whirlpool Corporation received from affiliated companies during 19X2. Show your work.

Transcribed Image Text:

Balance Sheet Investment in affiliated companies. Statement of Cash Flows Increase in investment in affiliated companies.......... Statement of Earnings Equity in net earnings (losses) of affiliated companies............. Millions of Dollars 19X2 19X1 S282 $296 12 (13) 4