1 Not yet arred out of 100P F ion us Co r d 100 of XY Corp. on 1/1/X1 XY reported a t income of 500.000 for t During year X, XYZ sold goods to Nautilus Corp for $700.000 that cost XYZ 5500.000 Nautilus Corp till owned 40 of the goods at the end of the year. How much investment income should Nautilus recognize from its XYZ investment in year X1? Select one: 500.000 . $420,000 $300,000 d. None of the above 2 years of This problem is a continuation of the preceding problem. Assume that XY reported a Net Income of $600,000 in year X2 During year X1, XYZ again sold goods to Nautilus Corp for $600.000 that cost XYZ 5300,000. Nautilus Corp owned om of the goods on 12/31/X2 How much investment income should Nautilus recognize from its XYZ investment in year 2? Select one a $540,000 5600,000 160.000 None of the Above