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On January 1, 2022, Bramble Corp. paid $735000 for 105000 shares of Crane Company's common stock, which represents 25% of Crane's outstanding common stock. Crane
On January 1, 2022, Bramble Corp. paid $735000 for 105000 shares of Crane Company's common stock, which represents 25% of Crane's outstanding common stock. Crane reported income of $220500 and paid cash dividends of $78750 during 2022 Bramble should report the investment in Crane Company on its December 31, 2022, balance sheet at 5770438 5735438 5715438 5790438
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