-/1 View Policies Current Attempt in Progress Carla Co, invested $1,080,000 in Sarasota Co. for 25% of its outstanding stock. Sarasota Co. pays out 40% of net income individends each year. Use the information in the following T-account for the investment in Sarasota to answer the following questions Investment in Sarasota Co. 1,080,000 116,000 46,400 (a) How much was Carla Co's share of Sarasota Co.'s net income for the year? Net income $ (b) What was Sarasota Co's total net income for the year? (b) What was Sarasota Co's total net income for the year? Total net income $ (c) What was Sarasota Co's total dividends for the year? Total Dividends $ (d) How much was Carla Co's share of Sarasota Co's dividends for the year? Dividends $