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4 . Pacer Company purchased 3 0 0 of the 1 , 0 0 0 outstanding shares of Queen Company s common stock for $
Pacer Company purchased of the outstanding shares of Queen Companys common stock for $ on January During Queen Company declared dividends of $ and reported earnings for the year of $
If Pacer Company uses the equity method of accounting for its investment in Queen Company, its Investment in Queen Company account at December should be
a $
b $
c $
d $
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