Kieso, Intermediate Accounting, 17e Intermediate Accounting I & II CALCULATOR STANDARD VIEW PRINTER VERSION BACK Oriole Co. Invested $1,100,000 in Waterway Co. for 25% of its outstanding stock. Waterway Co. pays out 40% of net income in dividends each year. Use the Wormation in the following T-account for the investment in Waterway to answer the following questions Investment in Waterway Co 1,100,000 114,000 45.600 (a) How much was oriole Co.'s share of Waterway Co.'s net income for the year? Net income 114,000 (b) What was waterway Co.'s total net income for the year? Total net income 45600 (c) What was Waterway Co total dividends for the year? Total Dividends 456000 (G) much was no share of Waterways dividends for the year Dividends 1140000 Click of you would like to show work for this question Open Show Work N command option Kieso, Intermediate Accounting, 17e Intermediate Accounting I & II CALCULATOR STANDARD VIEW PRINTER VERSION BACK Oriole Co. Invested $1,100,000 in Waterway Co. for 25% of its outstanding stock. Waterway Co. pays out 40% of net income in dividends each year. Use the Wormation in the following T-account for the investment in Waterway to answer the following questions Investment in Waterway Co 1,100,000 114,000 45.600 (a) How much was oriole Co.'s share of Waterway Co.'s net income for the year? Net income 114,000 (b) What was waterway Co.'s total net income for the year? Total net income 45600 (c) What was Waterway Co total dividends for the year? Total Dividends 456000 (G) much was no share of Waterways dividends for the year Dividends 1140000 Click of you would like to show work for this question Open Show Work N command option