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M.T. Glass, Inc. purchased the following investments on January 1, 2028: 1. 21,000 shares (representing 42% ) of AA Company stock for $546,000 2. 18,000

image text in transcribed M.T. Glass, Inc. purchased the following investments on January 1, 2028: 1. 21,000 shares (representing 42% ) of AA Company stock for $546,000 2. 18,000 shares (representing 9\%) of ZZ Company stock for $306,000 AA Company and ZZ Company reported the following information for the years 2028 and 2029: 2028: U

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