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QUESTION 5 Lion Corporation purchased 15% of the common stock of Tiger Company on March 1, 20x1 which gave them no influence over Tiger. This

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QUESTION 5 Lion Corporation purchased 15% of the common stock of Tiger Company on March 1, 20x1 which gave them no influence over Tiger. This is Tiger's first year in business. Lion made the following journal entries during 20x1 to account for its investment in Tiger. Investment in Tiger Co. 111,178 Cash 111,178 Cash 21,000 Dividend Income 15,000 Investment in Tiger Co. 6,000 4,218 4,218 Unrealized Gain/Loss Investment in Tiger Co. Using this information, answer the following question: What is the total amount of dividends paid by Tiger during 20X1

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