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Yaro Company owns 30% of the common stock of Dew co. and uses the equity method to account for the investment. During 2008, Dew reported income of...
Yaro Company owns 30% of the common stock of Dew co. and uses the equity method to account for the investment. During 2008, Dew reported income of $250,000 and paid dividends of $80,000. There is no amortization associated with the investment. During 2008, how much income should Yaro recognize related to this investment