Question: 1. When the equity method is used to account for investments in common stock, which of the following affects the investor's reported investment income? (1)

1. When the equity method is used to account for investments in common stock, which of the following affects the investor's reported investment income? (1) Equipment amortization related to purchase and (2) Cash dividends from investee A. Yes & Yes C. No & Yes B. No & No D. Yes & No

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