Examples: Assume A owns 40% of B on January 1, 2012. On July 1, 2012 A decreases its ownership to 10% by selling its shares in B to third parties. The following represent the earnings and dividends of B for 2012. Income 50,000 70,000 Dividends 30,000 40,000 January 1- June 30 July 1- December 31 4. How much equity income is recognized by A in 2012. 5. How much total income is recognized by A in 2012