how can calculate On January 1, 2021, Bull Corporation purchased 25% of the common shares of Dozer
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On January 1, 2021, Bull Corporation purchased 25% of the common shares of Dozer Corporation for $ 200,000. During 2021, Dozer Corporation reported profit of $ 80,000 and paid cash dividends of $ 40,000. The balance of the Investment in AssociateDozer Corp. account on the books of Bull Corporation at December 31, 2021 is
a) $ 200,000.
b) $ 210,000.
c) $ 220,000.
d) $ 190,000.
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