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6. On January 1. Tasty Foods purchased 3,000 shares (300) of Eco-Safe Packaging s voting stock for $12 per share. On December 31 , Eco:

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6. On January 1. Tasty Foods purchased 3,000 shares (300) of Eco-Safe Packaging s voting stock for $12 per share. On December 31 , Eco: Safe Packaging reports net income 510,000 and a total dividend payment of $2,000, and tho stock pricedropped to $10 per shire. For how much would Tasty Foods report its investment in Eco-Sare Packaging at the end of the year? ( LO8-4) a. $30,000. b. $38,400. c. $36,000. d $39000

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