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Please help with this exercise, greatly thanks if you could do in in details so that i can understand how the numbers come from. The

Please help with this exercise, greatly thanks if you could do in in details so that i can understand how the numbers come from.

The investor Comedy acquires a 30% interest in mother Co. Drama for $800,000

Assume that the investor has the ability to significantly influence the investee

2014: Drama report net losses of $240,000 and issued bonds for $120,000

2015: Drama report net income of $600,000 and pays dividend for $300,000

2016: Drama reports net losses of $120, 000. At the end of the year, Comedy sells one fourth of its investment in Drama for $200,000

Determine of the value of the investment at the end of each year

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