Nance Company owns 40% interest in the shares of Finley Corporation. During the year, Finley pays $25,000 in dividends, and reports $100,000 in net income. Nance Company's investment in Finley will increase by

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The Answer of Nance Company owns 40% interest in the shares of Finley Corporation. During the year, Finley pays $25,000 in dividends, and reports $100,000 in net income. Nance Company's investment in Finley will increase by

Nance Company Owns 40% Interest in the Shares of Finley