CU O UWS 10 On January 1, 2021, Beilich Enterprises bought 20% of the Enterprises bought 20% of the outstanding common stock of Wolfe Construction Company for $600 million cash. Wolfe's net income for the year ended December 31, 2021, was so During 2021, Wolfe declared and paid cash dividends of $60 million. Beilich recorded the investment as follows: ($ in millions) Purchase Investment in Wolfe Construction shares..... Cash.... 600 600 60 60 Net income Investment in Wolfe Construction shares (20% $300 million)... Investment revenue....... Dividends Cash (20% * $60 million)............ Investment in Wolfe Construction shares..... Required: What would be the pretax amounts related to the investment that belich would report in its flows for the year ended December 31, 2021? 7 Company provided the data below. Prepare a reconciliation of net income to net