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Blossom Corporation earns $700000 and pays cash dividends of $230000 during 2021. Dexter Corporation owns 2800 of the 10000 outstanding shares of Blossom. How much
Blossom Corporation earns $700000 and pays cash dividends of $230000 during 2021. Dexter Corporation owns 2800 of the 10000 outstanding shares of Blossom. How much investment income should Dexter report in 2021?
$196000.
$230000.
$131600.
$700000.
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