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Question 13 2 pts Wilco acquires 7,500 of the 10,000 shares of Seminole Corporation on January 1, 2022, for $750,000. Seminole reports $300,000 of
Question 13 2 pts Wilco acquires 7,500 of the 10,000 shares of Seminole Corporation on January 1, 2022, for $750,000. Seminole reports $300,000 of net income in 2022 and paid $30,000 in dividends. What amount of income will Wilco report on this investment (net of noncontrolling interest in income)? $202,500 $300,000 $225,000 $270,000 Some Other Answer
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