CCT 5110: Intermediate Financial ACT (ATU) Qur tion 6 1 et wered 10 ced nutol On January 1, 2020, BC Company purchased 3,000 shares of Vancouver Company at a cost of $32 each plus a brokerage fee of $1,500. These 3,000 shares represent a 16% interest in Vancouver Company During the year, Vancouver Company reported net income of $150,000 and declared and paid dividends totaling $80,000 At December 31, 2020, the shares of Vancouver Company were trading at $36 each. Assuming BC Company is accounting for this investment using the FV. NI Model, how much in Net Income (not Oci) did this investment generate for BC Company during 20207 Enter your answer without symbols or commas and to the nearest dollar aguston Finis Time Answer Next page 10 Solution to P9 Jump to... 5110 June 28 Type here to search 32 34C