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es Income Dividends Mutual Investment parent] P 20% Subsidiary S P $300.000 70% 100,000 S *$200,000 S0,000 *note: the income of each Company does r

es Income Dividends Mutual Investment parent] P 20% Subsidiary S P $300.000 70% 100,000 S *$200,000 S0,000 *note: the income of each Company does r include its right from the income - the other Required Calculate P's right to S's income and Ss right to Ps income. Mutual Investment parent P 20% Subsidiary S 70% P S Income $300.000 *$200,000 Dividends 100,000 S0,000 *note: the income of each company does not include its right from the income of the other Required Calculate P's right to S's income and Ss right to Ps income. N T E B K

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