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Eagle Exporters purchased 4 0 , 0 0 0 of the 1 0 0 , 0 0 0 outstanding shares of Giant Distributors for $
Eagle Exporters purchased of the outstanding shares of Giant Distributors"
"for $ Eagle has significant influence over Giant and will account for this investment"
"using the equity method. During the year, Giant declared dividends of $ and reported Net Income of $ What is the balance in the Investment in Giant account at year end?"
a $
b $ c $ d $
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