Sarasota Co. invested $920,000 in Ivanhoe Co. for 25% of its outstanding stock. Ivanhoe Co. pays out 40% of net income in dividends each year. Use the information in the following T-account for the investment in Ivanhoe to answer the following questions. Investment in Ivanhoe Co. 920,000 110,000 44,000 (a) How much was Sarasota Co.'s share of Ivanhoe Co.'s net income for the year? Net income 110000 (b) What was Ivanhoe Co.'s total net income for the year? Total net income 44000 (c) What was Ivanhoe Co.'s total dividends for the year? Total Dividends 440000 $ (d) How much was Sarasota Co.'s share of Ivanhoe Co.'s dividends for the year? Dividends 176000 Click if you would like to Show Work for this question: Open Show Work