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Nickel Company owns 20% interest in the stock of Edwards Corporation. During the year, Edwards pays $25,000 in dividends, and reports $300,000 in net income.

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Nickel Company owns 20% interest in the stock of Edwards Corporation. During the year, Edwards pays $25,000 in dividends, and reports $300,000 in net income. Nickel Company's investment in Edwards will increase by o $45,000 $35,000 O $55,000 $40,000

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