Sunland Company owns 29000 of the 50000 outstanding shares of Taylor, Inc. common stock. During 2021, Taylor earns $1320000 and pays cash dividends of $1050000. Sunland should report investment revenue for 2021 of $765600. $609000. $0. $156600.
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Sunland Company owns 29000 of the 50000 outstanding shares of Taylor, Inc. common stock. During 2021, Taylor earns $1320000 and pays cash dividends of $1050000.
Sunland should report investment revenue for 2021 of
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