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Question 19 Carla Vista Company owns 3500 of the 10000 outstanding shares of Penn Corporation common stock. During 2018, Penn earns $400000 and pays cash

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Question 19 Carla Vista Company owns 3500 of the 10000 outstanding shares of Penn Corporation common stock. During 2018, Penn earns $400000 and pays cash dividends of $145000. If the beginning balance in the investment account was $850000, the balance at December 31, 2018 should be $990000 $1105000 $850000 $939250

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