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Question 23 Not yet answered Marked out of 2.00 P Flag question Harrison Co. purchases 5,000 of the 50,000 outstanding ordinary shares of Taylor, Inc
Question 23 Not yet answered Marked out of 2.00 P Flag question Harrison Co. purchases 5,000 of the 50,000 outstanding ordinary shares of Taylor, Inc for 500,000 on January 1, 2019. In 2019, Taylor earns a net income of 800,000 and pays cash dividends of 640,000. The market price per share was 132 on December 31, 2019, what is the investment balance at year-end? O a. 564,000 O b. 660,000 O c. 516,000 O d. 500,000
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