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Jim Co acquired 30% of the share capital of Brass Co for $75 000 on 1 July 20x8. Jim Co was able to exercise significant

Jim Co acquired 30% of the share capital of Brass Co for $75 000 on 1 July 20x8. Jim Co was able to exercise significant influence over Brass Co. During the year 30 June 20x9 Brass Co made a profit after tax of $270 000 and paid a dividend of $50 000. What amounts will appear in the consolidated financial statement of Jim Co in regard to its investment in BrassCo?

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