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Crane Company owns 2 0 % interest in the stock of Wildhorse Corporation. During the year, Wildhorse pays $ 2 4 3 0 0 in

Crane Company owns 20% interest in the stock of Wildhorse Corporation. During the year, Wildhorse pays $24300 in dividends, and reports $204000 in net income. Crane Company's investment in Wildhorse will increase by
$45660.
$24300.
$35940.
$40800.
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