On January 1, 20times7, Yang Corporation acquired 20 percent of the outstanding shares of Spiel Corporation for $100,000 cash. Spiel Company reported net income of $75,000 and paid dividends of $30,000 for 20times7, 20times8 and 20times9. The fair value of shares held by Yang was $110,000, 105,000, and $100,000 on December 31, 20times7, 20times8 and 20times9 respectively