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Slediting Corporation purchased 38% of Ice Skating, Inc for $100,000 on Januaryt assume normal level of influence Once the same year Ice Skating, Inc declared total cash dividends of $12.000. At year end Ice Skating Inc reported net income of $60.000 The balance in Sledding Corporation's "Investment-Ice Skating, Inc. account at December 31 should be Multiple Choice $124.000 $148,000 $118,240 $100,000 $52.000