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QUESTION 10 influence over Canon's operations On January 2, 2020 Kryton Inc. purchased 5.000 shares of Canon Co. for $1.200.000. The 5.000 shares represented 40%

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QUESTION 10 influence over Canon's operations On January 2, 2020 Kryton Inc. purchased 5.000 shares of Canon Co. for $1.200.000. The 5.000 shares represented 40% of Canon's total outstanding voting shoes. This enabled Kryton to gain significant During 2020 Canon reported income of $ 150,000 and paid dividends of $60,000 On January 2, 2021 Kylon sold 1,000 shares of Canon for $300,000 During 2021 Canon reported income of $200,000 and paid dividends of $80,000 On January 2, 2022 Krylon sold another 1,000 shares of Canon stock for $320,000 Calculate the galloss on the sale of stock in 2021 and 2022 (show separately and what is the balance in the investment account for the second sale? ***Use Table Function*** For the toolbar, press ALT-F10 PCO ALTFN.F10 (Mac). Paragraph Ariel 13 (12) X DOO I Wors Chick Save and submit to see and submit. Click Save All Answers to steallaners

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