163) The Colts Corporation has acquired a 10% interest in the shares of Giants Corporation. Colts reported income for 20x1 of $25 million and issued dividends of $10 million during the year. Becaise Colts use the available for sale method of accounting for their investment in Giants, for 20x1 the value of their income will 0.48 Points O decrease by $10 million, the amount Giants paid out in dividends increase by $1 million, the dividends paid by Giants to Colts increase by $1.5 million, Colts share in the earnings of Giants reduced by their share of the dividends paid out O increase by $25 million, the amount of Giants earnings