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36 ade Investments Inc. purchased 40% of the common stock of Ivory Corporation on March 1, 2017 Ivory Corporation reports a net income of $715,000

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36 ade Investments Inc. purchased 40% of the common stock of Ivory Corporation on March 1, 2017 Ivory Corporation reports a net income of $715,000 for the 2017 year. Which of the following is the correct journal entry? term Investments-Ivory Corporation Revenue from Investments 286 ash Revenue from Investments 286,000 evenue from Investments Cash 286,000 286 evenue from Investments Long-term Investments-Ivory Corporation 286,000

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