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Crane Company owns 11200 of the 28000 outstanding shares of Cullumber, Inci. common stock. During 2025, Cullumber earns $960000 and pays cash dividends of $780000.

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Crane Company owns 11200 of the 28000 outstanding shares of Cullumber, Inci. common stock. During 2025, Cullumber earns $960000 and pays cash dividends of $780000. If the beginning balance in the investment account was $630000, the balance at December 31,2025 is $702000. $810000. $630000 $1014000

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