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QUESTION 1 P. Company purchased 20% of the outstanding stock of Company on Jan 1. 2010 for $200.000. In 2016, red and income of $100.000

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QUESTION 1 P. Company purchased 20% of the outstanding stock of Company on Jan 1. 2010 for $200.000. In 2016, red and income of $100.000 and added 30.000. In 2018, under the equity method, the increase in net income of Pidue to the Westment in wil be a $20,000 $6,000 $14,000 0 $40,000 QUESTION 2 p Company purchased 20% of the outstanding stock of Company on Jan 1, 2016 for $200,000 in 2018, 8cored a notcome of $100.000 and paid dividends of $90.000 2018, under the cost method, the vicrease in net income of P due to the investment in Swabe $6.000 O $20,000 $40.000 $14,000

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