E 11-10 Corporate joint venture investment income Mill Pte. Ltd. is a venture corporation that consists of investor-venturers with 40 percent, 25 percent, 20 percent, and 15 percent interest, who jointly control and manage the corporation. Mill reports total stockholders’ equity of $9,000,000 on December 31, 2014. Mill also reports net income of $300,000 and declares dividends of $50,000 during 2014.

REQuIRED: Calculate each venturer’s investment income and investment balance.