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Zwick Company bought 28,000 shares of the voting common stock of Handy Corporation in January 2021 (28% ownership) ata price of $10 per share. In

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Zwick Company bought 28,000 shares of the voting common stock of Handy Corporation in January 2021 (28% ownership) ata price of $10 per share. In December, Handy announced $200,000 net income for 2021 and declared and paid a cash dividend of $1 per share on all 100,000 shares of its outstanding common stock. Ignoring depreciation adjustment, The carrying value of the equity investment reported by Zwick as of December 31 2021 would be: Type your answer without the dollar sign, but with comma: $150,000 should be typed as 150.000

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