9. The Alpha Company owns 10% of the common shares of the Beta Company. For the year 2021, Beta reported net income in the amount of $ 100,000 and paid dividends in the amount of $ 25,000. The market value of the shares decreased by $ 5,000 in 2021. By 2021, Alpha will recognize:

a. Investment income in the amount of $ 10,000.

b. Dividend income in the amount of $ 2,500 less market loss of $ 500.

c. Both investment income of $ 10,000 and dividend income of $ 2,500 and loss

of $ 500.

d. Only the market loss of $ 500.

10. Suppose that in question 9, Alpha owns 30% of the shares of Beta. By 2021, Alpha will recognize:

a. Investment income in the amount of $ 30,000.

b. Dividend income in the amount of $ 7,500.

c. Investment income of $ 30,000 less market loss of $ 1,500.

d. Investment income of $ 30,000 less the $ 7,500 of dividends, or $ 22,500.