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Shore Corp. owns 35% of Mason Corporation 30% of Corby Company. During 2018, these companies' net incomes are as follows: Shore, $120,000 Mason, $74,000 Corby,
Shore Corp. owns 35% of Mason Corporation 30% of Corby Company. During 2018, these companies' net incomes are as follows: Shore, $120,000 Mason, $74,000 Corby, $45,000 How much net income should Shore report for 2018? O A. $120,000 O B. $239,000 O C. $39,400 O D. $159,400
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