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QUESTION 6 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 6 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 and Tiger has a December 31 fiscal year-end. Lion made the following journal entries during 20x1 to account for its investment in Tiger Investment in Tiger Co. 105,597 Cash 105,597 21,000 Cash Dividend Income Investment in Tiger Co. 15,000 6,000 Unrealized Gain/Loss 5,224 Investment in Tiger Co. 5,224 Using this information, answer the following question: What amount (if any) of liquidating dividends were paid by Tiger during 20X1

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