Frisbee Inc.owns a 30% interest in the shares of California Corp.During the year, California pays $10,000 in dividends to Frisbee and reports a net loss of $80,000.Frisbee's investment in California will affect Frisbee's net income by
A)$10,000 increase.
B)$3,000 increase.
C)$24,000 decrease.
D)$21,000 decrease.

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The Answer of Frisbee Inc.owns a 30% interest in the shares of California Corp.During the year, California pays $10,000 in dividends to Frisbee and reports a net loss of $80,000.Frisbee's investment in California will affect Frisbee's net income by
A)$10,000 increase.
B)$3,000 increase.
C)$24,000 decrease.
D)$21,000 decrease.