Question: Rijo SA uses the equity method to account for its ownership of 30% of the ordinary shares of Pippen Packing. During 2017, Pippen reported a

Rijo SA uses the equity method to account for its ownership of 30% of the ordinary shares of Pippen Packing. During 2017, Pippen reported a net income of €80,000 and declares and pays cash dividends of €10,000. What recognition should Rijo give to these events?

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