Parent Co. invested $1, 061,000 in sub Co. for 25% of its outstanding stock. Sub Co. pays out 40% of net income in dividends each year. Use the information in the following T-account for the investment in Sub to answer the following questions. How much was parent Co's share of Sub Co's net income for the year? Net income $ How much was parent Co's share of Sub Co's dividends for the year? Dividends $ What was Sub Co.'s total net income for the year? Total net income $ What was Sub Co.'s total dividends for the year? Total Dividends $