Question 11 of 25 - / 1 E View Policies Current Attempt in Progress Gator plc invested 1,000,000 in Demo Co. for 25% of its outstanding shares. Demo Co. pays out 40% of net income in dividends each year. Use the information in the following T-account for the investment in Demo to answer the following questions. Investment in Demo Co. 1,000,000 130,000 52,000 (a) How much was Gator plc's share of Demo Co's net income for the year? Net income (b) How much was Gator ple's share of Demo Co.'s dividends for the year? Dividends (c) What was Demo Co.'s total net income for the year? Total net income (d) What was Demo Co.'s total dividends for the year? Total Dividends e Textbook and Media Save for Later Attempts: unlimited Submit