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a On January 2. Year 1, Barber Company purchased 7300 shares of Convell Company for $83.960. Convell Company has a total of 36,500 shares of

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a On January 2. Year 1, Barber Company purchased 7300 shares of Convell Company for $83.960. Convell Company has a total of 36,500 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell. During each of the next two years, Convell declared and paid cash dividends of $0.85 per share, and its not income was $95.000 and $90,000 for Year 1 and Year 2, respectively. What's the book value of Barber's investment in Convell at the end of Year 2? Multiple Choice 571550 $120.960 $100.550 $83 960 THE Nord

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