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Amman Co. owns 40% of outstanding ordinary shares of Aqaba, com . During 2020, Aqaba, earns JD 60,000 and pays cash dividends of JD 40,000.

Amman Co. owns 40% of outstanding ordinary shares of Aqaba, com . During 2020, Aqaba, earns JD 60,000 and pays cash dividends of JD 40,000.

1. If the beginning balance in the investment account was JD 130,000, the balance at December 31, 2020 should be JD:

2 . Amman Co. should report investment revenue for 2020 of (JD):

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