Pelican Corporation acquired a 30% interest in Crustacean Incorporated at book value several years ago. Crustacean declared $100,000 dividends in 2005 and reported its income for the year as follows: Income from continuing operations $700,000 Loss on discontinued division (100,000) Net income $600,000 Pelican'W s Investment in Crustacean account for 2003 should increase by Answer $ 150,000 $ 160,000 $ 180,000 $ 210,000