On July 1, X5, Balado Ltd. paid $600,000 to acquire 10,000 common voting shares of Issuer Ltd., which represents a 6% interest. Balado Inc. then designates its placement in the JV through AERG. Issuer Ltd. declares dividends of $1.50 per share on September 1, X5. The JV of the shares of mittrice Lte as of December 31, X5, is $70. Determine the net impact of these operations on the results of Balado Inc. for the period ended December 31, X5.

Question 3 options: + $100,000 none of the above + $15,000 +115,000 $0