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Crane Corporation earns $710000 and pays cash dividends of $235000 during 2021. Dexter Corporation owns 2900 of the 10000 outstanding shares of Crane. How much

Crane Corporation earns $710000 and pays cash dividends of $235000 during 2021. Dexter Corporation owns 2900 of the 10000 outstanding shares of Crane. How much investment income should Dexter report in 2021?

$1087750.

$235000.

$950000.

$137750.

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