Question 12 of 12 View Policies Current Attempt in Progress < -/4 E 1 On January...

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Question 12 of 12 View Policies Current Attempt in Progress < -/4 E 1 On January 1, 2022, Ivanhoe Creek Company purchased 6,800 shares of Oriole Company stock for $530,000. Ivanhoe Creek investment represents 30 percent of the total outstanding shares of Oriole. During 2022, Oriole paid total dividends of $200,000 and reported net income of $200,000. What revenue does Ivanhoe report related to this investment, and what is the amount to be reported as an investment in Oriole stock at December 31? Revenue Investment in Oriole stock at December 31 Save for Later $ Attempts: 0 of 1 used Submit Answer Question 12 of 12 View Policies Current Attempt in Progress < -/4 E 1 On January 1, 2022, Ivanhoe Creek Company purchased 6,800 shares of Oriole Company stock for $530,000. Ivanhoe Creek investment represents 30 percent of the total outstanding shares of Oriole. During 2022, Oriole paid total dividends of $200,000 and reported net income of $200,000. What revenue does Ivanhoe report related to this investment, and what is the amount to be reported as an investment in Oriole stock at December 31? Revenue Investment in Oriole stock at December 31 Save for Later $ Attempts: 0 of 1 used Submit Answer