need detailed explanation

Lee, Inc. acquired 30% of Polk Corp.'s voting stock on January 1 , Year 1 , for $100,000. During Year 1, Polk earned $40,000 and paid dividends of $25,000. Lee's 30% interest in Polk gives Lee the ability to exercise significant influence over Polk's operating and financial policies. During Year 2, Polk earned $50,000 and paid dividends of $15,000 on April 1, and $15,000 October 1 . On July 1, Year 2, Lee sold half its stock in Polk for $66,000 cash. Before income taxes, what amount should Lee include in its Year 1 income statement as a result of the investment? A. $40,000 B. $25,000 C. $12,000 D. $7,500 Moss Corp. owns 20 percent of Dubro Corp.'s preferred stock and 40 percent of its common stock. Dubro's stock outstanding at December 31 , Year 1 , is as follows: Dubro reported net income of $60,000 and paid dividends of $10,000 to its preferred shareholders for the year ended December 31, Year 1 . How much total revenue should Moss record due to its investment in Dubro? A. $22,000 B. $20,000 C. $70,000 D. $50,000 Grant, Inc. acquired 30% of South Co.'s voting stock for $200,000 on January 2, Year 1. Grant's 30\% interest in South gave Grant the ability to exercise significant influence over South's operating and financial policies. During Year 1, South earned $80,000 and paid dividends of $50,000. South reported earnings of $100,000 for the six months ended June 30, Year 2, and $2,00,000 for the year ended December 31, Year 2 On July 1, Year 2, Grant sold half of its stock in South for $150,000 cash. South paid dividends of $60,000 on October 1, Year 2 Before income taxes, what amount should Grant include in its Year 1 income statement as a result of the investment? A. $15,000 B. $24,000 C. $50,000 D. $80,000