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10 blete ut of On January 1, a company purchased 10,000 common shares of JDS Corporation for $12.00 per share. JDS Corporation has 60,000 common

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10 blete ut of On January 1, a company purchased 10,000 common shares of JDS Corporation for $12.00 per share. JDS Corporation has 60,000 common shares outstanding. During the year, JDS reported a profit of $120,000 and paid cash dividends of $90,000. The year end stock price of JDS was $14.00. Enter dollar amounts with no dollar signs or commas (e.g., 4596). A. How much divided income is recognized for the investment? 1 B. How much unrealized gain or loss is recognized for the investment? C. How much investment income (if equity method is used) is recognized? D. What is the year end balance of the investment account

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