Yankee Corp.s 2018 dividend revenue included only part of the dividends received from its MLB Corp

investment. Yankee Corp. has an investment in MLB Corp that it intends to hold indefinitely. The balance of the

dividend reduced Yankees carrying amount for its MLB investment. This reflects the fact that Yankee accounts

for its MLB investment as:

a)

An available for sale investment and only a portion of MLBs 2018 dividends represent

earnings after Yankees acquisition.

b)

An available for sale investment and its carrying amount exceeded the proportionate

share of MLBs market value.

c)

An equity investment and Yankee incurred a loss in 2018

d)

An equity investment and its carrying amount exceeded the proportionate share of MLBs

market value