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Milton Company owns 26% interest in the stock of Darcy Corporation. During the year, Darcy declares and pays $23,000 in dividends to Milton, and reports

Milton Company owns 26% interest in the stock of Darcy Corporation. During the year, Darcy declares and pays $23,000 in dividends to Milton, and reports $110,000 in net income. Milton Company will report Equity-method Investment Revenue of:
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1 uurtprevents changes Question 18 Milton Company owns 26% interest in the stock o Equity-method Investment Revenue of: $5980. $22,620. $28,600 $34,580

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