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At the beginning of the year, Fish Corporation acquired 10% of Chips Company ordinary shares for KD 250,000. Chips Company reported net income for the

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At the beginning of the year, Fish Corporation acquired 10% of Chips Company ordinary shares for KD 250,000. Chips Company reported net income for the year of KD 75,000 and paid KD 25,000 cash dividends during the year. The balance of the Share Investments account on the books of Fish Corporation at the end of the year should be a. KD 250,000 b. KD 255,000 c. KD 300,000 d. KD 25,000

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