Chapter 16, Assignment 16 17 Saved Help Save & Required information Part 4 of 11 Select the correct answer for each of the following questions Che 4.16 points -Book A Print Nancy Emerson owns 50 percent of the common stock of Marks Corporation. She paid $25,000 for this stock in 20X3. At December 31, 20X8, her 50 percent stock ownership in Marks had a current value of $185,000. Marks's cumulative net income and cash dividends declared for the five years ended December 31, 20X8, were $300,000 and $30,000 respectively. In Nancy's personal statement of financial condition at December 31, 20X8, what amount should she report as her net investment in Marks? Multiple Choice References Mc Graw Hill $185,000 25000 09 < Prev 17 18 19 25 24 of 24 Next >