On April 1, 2024, BigBen Company acquired

30%

of the shares of LittleTick, Incorporated BigBen paid

$100,000

for

t

investment, which is

$40,000

more than

30%

of the book value of LittleTick's identifiable net assets. BigBen attribute

$15,000

of the

$40,000

difference to inventory that will be sold in the remainder of 2024 , and the rest to goodwill. LittleTick recognized a total of

$20,000

of net income for 2024 , and paid total dividends for the year of

$10,000

; thes dividends were issued quarterly. BigBen's investment in LittleTick will affect BigBen's 2024 net income by:\ a loss of

$10,500

.\ earnings of

$4,500

.\ earnings of

$1,125

.\ earnings of

$3,450

.

On April 1, 2024, BigBen Company acquired 30% of the shares of LittleTick, Incorporated BigBen paid $100,000 for t investment, which is $40,000 more than 30% of the book value of LittleTick's identifiable net assets. BigBen attribute $15,000 of the $40,000 difference to inventory that will be sold in the remainder of 2024, and the rest to goodwill. LittleTick recognized a total of $20,000 of net income for 2024, and paid total dividends for the year of $10,000; thes dividends were issued quarterly. BigBen's investment in LittleTick will affect BigBen's 2024 net income by: O a loss of $10,500. earnings of $4,500. earnings of $1,125. earnings of $3,450.