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6. Beneteau Corporation purchased 25,000 ordinary shares of La Brea Corporation for 40 per share on January 2, 2011. During 2011, La Brea Corporation had

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6. Beneteau Corporation purchased 25,000 ordinary shares of La Brea Corporation for 40 per share on January 2, 2011. During 2011, La Brea Corporation had 100,000 shares of common stock outstanding, paid cash dividends of 60,000, and reported net income of 200,000. Beneteau Corporation should report revenue from this investment for 2011 in the amount of a. 15,000 b. 35,000 C. 50,000 d. 55,000

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