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Oriole Company owns 40% interest in the stock of Sandhill Corporation. During the year, Sandhill pays $18700 in dividends to Oriole, and reports $303000

Oriole Company owns 40% interest in the stock of Sandhill Corporation. During the year, Sandhill pays $18700 in dividends to Oriole, and reports $303000 in net income. Oriole Company's investment in Sandhill will increase Oriole's net income by O $7480. O $9350. $121200. $128680.

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