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0 On January 2, Year 1, Barber Company purchased 7300 shares of Convell Company for $81.920. Convelt Company has a total of 35 500 shares

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0 On January 2, Year 1, Barber Company purchased 7300 shares of Convell Company for $81.920. Convelt Company has a total of 35 500 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Corvell. During each of the next two years, Convell declared and povo cash dividends of $0 85 per share and its ret income was 593,000 and $88.000 for Yeart and your 2 respectively What is the book value of Barber's investment in Convent the end of Year 2? 12:49 Multiple Choice S100.00 1695 S18120 511720 1930

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