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Harrison Company owns 20,000 of the 50,000 outstanding shares of Taylor, Inc. common stock. During 2021, Taylor earns $1,200,000 and pays cash dividends of $960,000.

Harrison Company owns 20,000 of the 50,000 outstanding shares of Taylor, Inc. common stock. During 2021, Taylor earns $1,200,000 and pays cash dividends of $960,000.

 

 

Harrison should report investment revenue for 2021 of

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