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Wendy Day Kite Company owns 45% of the outstanding stock of Strong String Company. During the current year, Strong String reported net income of $32

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Wendy Day Kite Company owns 45% of the outstanding stock of Strong String Company. During the current year, Strong String reported net income of $32 million What effect does Strong String's reported net income have on Wendy Day's financial statements? (Enter your answer in millions. The $10,000,000 should be entered as 10). Round your answer to 1 decimal place. Select "No effect if none of the categories apply for a particular item.) Net income million 29

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