On April 1,2016,BigBen Company acquired 30% of the shares of LittleTick,Inc.BigBen paid $100,000 for the investment,which is $40,000 more than 30% of the book value of LittleTick's identifiable net assets.BigBen attributed $15,000 of the $40,000 difference to inventory that will be sold in the remainder of 2016,and the rest to goodwill.LittleTick recognized a total of $20,000 of net income for 2016,and paid total dividends for the year $10,000;these dividends were issued quarterly.BigBen's investment in LittleTick will affect BigBen's 2016 net income by:

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The Answer of On April 1,2016,BigBen Company acquired 30% of the shares of LittleTick,Inc.BigBen paid $100,000 for the investment,which is $40,000 more than 30% of the book value of LittleTick's identifiable net assets.BigBen attributed $15,000 of the $40,000 difference to inventory that will be sold in the remainder of 2016,and the rest to goodwill.LittleTick recognized a total of $20,000 of net income for 2016,and paid total dividends for the year $10,000;these dividends were issued quarterly.BigBen's investment in LittleTick will affect BigBen's 2016 net income by:

On April 1,2016,BigBen Company Acquired 30% of the Shares of LittleTick,Inc.BigBen