32 33 34 35 36 37 38 39 |40 41 42 43 44 45 46 47 48 49 5 On January 1, 2017, Puma Corporation acquired 30 percent of Slume Company's stock for $150,000. On the acquisition date, Slume reported net assets of $450,000 valued at historical cost and $500,000 stated at fair value. The difference was due to the increased value of buildings with a remaining life of 10 years. During 2017 Slume reported net income of $25,000 and paid dividends of $10,000. Puma uses the equity method What amount of investment income will be reported by Puma for the year 2017? A. $7,500 8 56,000 $4,500 D. $25,000 Previous Skip ver:"28.2913 Noe 2017 17:30.37 12:47:05PM AST ch