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ABC Co. owns 25% of DEF, Inc.'s ordinary shares. DEF also has outstanding redeemable preference shares with dividend rate of 6% and aggregate par value

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ABC Co. owns 25% of DEF, Inc.'s ordinary shares. DEF also has outstanding redeemable preference shares with dividend rate of 6% and aggregate par value of P8,000,000. During the year, DEF reported profit of P4,000,000 and declared P150,000 cash dividend to preference shareholders. How much Is ABC's share in the profit of DEF?* O 1,000,000 O 800,000 O 512,000 O 770,000

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