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Cheyenne Corporation acquired a 30% interest in Matlock company on January 1st 2025, for $490,000 at the time Matlock had 1 million shares of its
Cheyenne Corporation acquired a 30% interest in Matlock company on January 1st 2025, for $490,000 at the time Matlock had 1 million shares of its $1 Park common stock issued an outstanding during 2025 Matlock paid cash dividends of $170,000 and thereafter declared and issued a 5% common stock dividend when the fair value was $2 per share matlock's net income for 2025 was 356,000 what is the balance in Cheyenne Equity investment account at the end of 2025
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