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Coronado Company owns 20% interest in the stock of Wildhorse Corporation. During the year, Wildhorse pays $21100 in dividends to Coronado, and reports $301000 in

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Coronado Company owns 20% interest in the stock of Wildhorse Corporation. During the year, Wildhorse pays $21100 in dividends to Coronado, and reports $301000 in net income. Coronado Company's investment in Wildhorse will increase Coronado's net income by $60200 $4220. $64420. $21100

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