(c) (c) Sho meet presentation of the investments 31, 2018. At this December date. Tumball Associates has common and retained earnings s1.000000. P164A Heidebrecht Design acquired 20% of the outstanding common stock of Quayle cost Company on January 1, 2017, by paying s800 000 for the 30,000 shares. Quayle declared tabu and paid $0.30 per share cash dividends on March 15, June 15, September 15, and Decem ber 15, 2017. Quayle reported net income of $320,000 for the year At December 31. 2017. (LO the market price of Quayle common stock was per share