Problem 1 (Recommended: review stides 3-10) Oe January 1. Puckett Company paid $1.6 million for $0,000 shares of Harrison's voting eommon was made. Significase influence over Harrison is achieved by this acquisition and so Prockett applies the equity method. Flarrison deelares a $2 per stare dividend taring the year and roponted net incoene of $560,000. What is the balaxe in the fivestenent in Hurrisen accones found in Pudketrs financial recents as of December 31 ? 10%50,001500002=100000 1