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QUESTION 9 Billy Bob Company owns 6,000 of the 10,000 outstanding shares of Bubba Corporation common stock. During 2018, Bubba earns $350,000 and pays a

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QUESTION 9 Billy Bob Company owns 6,000 of the 10,000 outstanding shares of Bubba Corporation common stock. During 2018, Bubba earns $350,000 and pays a total cash dividends to all shareholders of $120,000. If the beginning balance of Billy Bob Company's investment account was $500,000, the balance at December 31, 2018 should be: $710.000 D O $428,000 O $572,000 O $638,000

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