2. Desmond Corporation owns 3,500 of the 10,000 outstanding ordinary shares of Wetmore Corporation. During 2020 , Wetmore earned 3,000,000 and paid cash dividends of 1,000,000. What balance should Desmond report on its December 31,2020 statement of financial position for the investment account if the beginning of the year balance in the account was 4,000,000 ? Mouns Company owns 40% interest in the shares of Darian Corporation. During the year, Darian pays $20,000 in dividends to Mouns, and reports $100,000 in net income. How much of Mouns' Net Income will increase by its investment in Mouns Company's investment in Darian