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d.$10,000 On January 2, 2015, Pod Company purchased 25% of the outstanding common stock of Jobs, Inc. and subsequently used the equity method to account

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d.$10,000 On January 2, 2015, Pod Company purchased 25% of the outstanding common stock of Jobs, Inc. and subsequently used the equity method to account for the investment. During 2015, Jobs reported net income of $640,000 and distributed dividends of $360,000. The ending balance in the Investment in Jobs Company account at December 31, 2015 was $840,000 after applying the equity method during 2015. What was the purchase price Pod Company paid for its investment in Jobs, Inc.? t of Select one: a. $440,000 b. $680,000 .$760,000 d.$910,000 e.$770,000 ion 6 Blanco Company purchased 200 of the 1,000 outstanding shares of Darby Company's common stock for $450,000 on January 2, 2015. During 2015, Darby declared dividends of $75,000 and reported earnings for the year of

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