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2.2. ABC Corporation acquired a 25% interest in XYZ Incorporated at book value several years ago. XYZ declared JD 100,000 dividends in 2020 and reported

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2.2. ABC Corporation acquired a 25% interest in XYZ Incorporated at book value several years ago. XYZ declared JD 100,000 dividends in 2020 and reported its income for the year as follows: Income from continuing operations Loss on discontinued division Net income JD600,000 (100,000) JD500,000 ABC's Investment in XYZ account for 2020 should increase by (2 points) JD 180,000 JD 150,000 JD 100,000 JD 125,000

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