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Journalize h.) purchased 340,000 shares of Amigo Co. stock directly form the founders for $21 per share. Amigo has 1,000,000 shares issued and outstanding. Jordon

Journalize h.) purchased 340,000 shares of Amigo Co. stock directly form the founders for $21 per share. Amigo has 1,000,000 shares issued and outstanding. Jordon Products Inc treated the investment as an equity method investment. k.) received $272,000 dividend from Amigo Co. investment in (h)

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