1. Consolidate, equity, market

2. Consolidated, dividend revenue, earnings, equity in earnings

3. Number

4. Increase, decrease, have no effect on

5. Increased, reduced, not affected

6. Number

7. Number

upp se Lewiston Company owns 25% of Dawings Company Dawings Company ea s $140,000 and pays total dvidends of S7000 to its shareholders. hat appears on the income statement of Lewiston Company as a result of Dawlings' activity? What would be the change in the account tided Investment in Equity Affiliates on Lewiston's balance sheet? Lewiston Company would use the the investment account is dofDawings Company equal to S This would[ method and claim Vthe investment account. When Lewiston receives dividends, the [ _ by the receved. The net change in the investment account would be an increase of s