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On January 1 , 2 0 X 4 , Pillow Corporation obtained significant influence over Sleep Company through the purchase of 3 , 0 0
On January X Pillow Corporation obtained significant influence over Sleep Company through the purchase of shares of Sleep's outstanding shares of common stock for $ per share. On December Sleep paid $ in dividends to its common stockholders. Sleep's net income for the year ended December was $ earned evenly throughout the year. In its income statement, what amount of income from this investment should Pillow report?
A $
B $
C $
D $
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