Masters required 30% of continental furniture

Equity methods between the 20 and 50, $400,000

During 2001 content over 40,000 and pay dividends of 25,000, masters 30% continental master the ability to exercise significant influence.

Over continentals accounting and financial policies, during 2002 content or 50,000 and pay dividends of 15,000 and another 15,000 in October.

On January 1, 2002, masters sold half of chares in content for 66,000 shares.

Calculate the gain on this investment & masters 2002 incomes.