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On January 1, 2019, Halstead, Inc. purchased 75,000 shares of Sedgwick Company common stock for $1,406,000, giving Halstead 25 percent ownership and the ability to

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On January 1, 2019, Halstead, Inc. purchased 75,000 shares of Sedgwick Company common stock for $1,406,000, giving Halstead 25 percent ownership and the ability to apply significant influence over Sedgwick Any excess of cost over book value acquired was attributed solely to goodwill Sedgwick reports net income and dividends as follows. These amounts are assumed to have occurred evenly throughout these years Dividends are declared and paid in the same period Annual Cash Dividende (pald quarterly) $399,000 $117.000 558,000 2031 170,000 Net Income 2019 2020 199,000 On July 1, 2021 Halstead sells 12.000 shares of this investment for 52 per share thus reducing is interest from 25 to 27 percent, but maintaining its significant influence Determine the amounts that would appear on Halstead's 2021 income statement relating to its ownership and partial sale of de investment in Sedgwick's common stock (Round your intermediate calculations to the nearest whole number) As total income cathounamed gans) A one of the

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