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Grindstone Island Millstones purchased a strategic investment in Dorchester Drilled Wells. Grindstone holds 15% of Dorchester; it has no significant influence on Dorchester. Dividends that

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Grindstone Island Millstones purchased a strategic investment in Dorchester Drilled Wells. Grindstone holds 15% of Dorchester; it has no significant influence on Dorchester. Dividends that are paid from Dorchester to Grindstone should be reported as O an increase in the investment on the balance sheet. O other expenses on the income statement O a decrease in the investment on the balance sheet. other revenues on the income statement

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