QUESTION 50 On January 1, 2017 Franel Co, acquired all of the common stock of Hurlem Corp. For 2017, Hurlem eamed net income of $360,000 and paid dividends of acquisition was $6.000. How much difference would there have been in Franel's income with regard to the effect of the investment between using the equity O A $164,000 O B. $360,000 C. 5354,000 D. $190.000 QUESTION 50 On January 1, 2017 Franel Co, acquired all of the common stock of Hurlem Corp. For 2017, Hurlem eamed net income of $360,000 and paid dividends of acquisition was $6.000. How much difference would there have been in Franel's income with regard to the effect of the investment between using the equity O A $164,000 O B. $360,000 C. 5354,000 D. $190.000