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GHI Ltd acquired a 20% stake in JKL Corp for $100,000 on January 1st, 2023. JKL Corp reportednetincomeof$80,000fortheyearendedDecember31st,2023.CalculateGHILtd's share of income from its investment in

GHI Ltd acquired a 20% stake in JKL Corp for $100,000 on January 1st, 2023. JKL Corp reported net income of $80,000 for the year ended December 31st, 2023. Calculate GHI Ltd's share of income from its investment in JKL Corp for the year.

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