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uestion 6 (1 point) Mauve Company owns 10,000 shares of Teal Corporation's stock; Teal currently ha 40,000 shares outstanding. During the year, Teal had net
uestion 6 (1 point) Mauve Company owns 10,000 shares of Teal Corporation's stock; Teal currently ha 40,000 shares outstanding. During the year, Teal had net income of $200000 and paid out $58,000 in dividends. At the beginning of the year, there was a balance of $194,000 in Mauve's equity method investment in Teal Corporation account. At th end of the year, the balance in this account should be: Your
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