Question 8 Marked out of 100 question THIS MULTIPLE CHOICE QUESTION (MCQ) IS BASED ON THE WILTON COMPANY SCENARIO BELOW: On 1 January 2016, WILTON Company purchased 4,500 shares in CENTRE Company (for trading) for $70 per share. CENTRE Company paid a Cash Dividend of $6 per share in 2015 and $8 per share in 2017. WILTON Company sold the shares at the end of 2018 (ie. 31 December 2018). CENTRE Company paid no dividends for 2018 WILTON Company owns less than 4% of the shares in CENTRE Company and WILTON Company has no other Equity Investments. Prior to 2016, WILTON Company never held shares or debt investments for trading. Please note the following information also At the end of 2016, shares in CENTRE Company trade at $122 per share At the end of 2017, shares in CENTRE Company trade at $15 per share. At the end of 2018, WILTON Company's shares in CENTRE Company were sold for $95 per share MCQ EIGHT By how much is the 2018 Net Income of WILTON Company higher or lower than it would otherwise be if WILTON Company had NEVER purchased shares in CENTRE Company Select one O a $393,000 higher Ob. $151,800 higher Oc$302300 higher O d. $360,000 higher c e. None of these answers Clear my choice