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Renata Corporation purchased 1,000 ordinary shares of Nomandic Industries as a trading investment for 17,800. During the year, Nomandic Industries paid a cash dividend of

Renata Corporation purchased 1,000 ordinary shares of Nomandic Industries as a trading investment for 17,800. During the year, Nomandic Industries paid a cash dividend of 3.30 per share. At year-end, half of Nomandics shares were selling for 17.40 per share. Prepare the income statement of Renata Corporation based on above transactions.

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