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Sandhill Company owns 31200 of the 78000 outstanding shares of Wildhorse, Inc. common stock. During 2025, Wildhorse earns $1360000 and pays cash dividends of

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Sandhill Company owns 31200 of the 78000 outstanding shares of Wildhorse, Inc. common stock. During 2025, Wildhorse earns $1360000 and pays cash dividends of $1080000. If the beginning balance in the investment account was $830000, the balance at December 31, 2025 is $830000. $1110000. $942000. $1374000.

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