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16 Question 2 of 8 < > View Policies Current Attempt in Progress -/15 On January 1, 2020, Splish Brothers Company purchased 4,700 shares of
16 Question 2 of 8 < > View Policies Current Attempt in Progress -/15 On January 1, 2020, Splish Brothers Company purchased 4,700 shares of Kusher Company stock for $338,400. Splish Brothers's investment represents 40 percent of the total outstanding shares of Kusher. During 2020, Kusher paid total dividends of $94,000 and reported net income of $282,000. What revenue does Splish Brothers report related to this investment and what is the amount to be reported as an investment in Kusher stock at December 31? Revenue Investment in Kusher stock at December 31 $ eTextbook and Media Save for Later Using multiple attempts will impact your score. 5% score reduction after attempt 2 Attempts: 0 of 3 used Submit
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