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In January of the current yeat Onyx Corparation purchased a 35% inbarest in Scout Inc. for $225,000, During the year, Scout Inc. declared and paid
In January of the current yeat Onyx Corparation purchased a 35% inbarest in Scout Inc. for $225,000, During the year, Scout Inc. declared and paid $37,000 of dvidends. For the year ended December 31, Scout Inc, reported net income of $75,000. Determine the amourt of the investment at year-end .$185,800 b. $235,300 c $244,200 d. $211.700
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