Question: ABC Invest $ 1 0 0 , 0 0 0 in XYZ which is 3 0 % of the company on 3 - 1 -

ABC Invest $100,000 in XYZ which is 30% of the company on 3-1-22(5000 shares)XYZ pays a $2 per share dividend on 7-1-22 and reports net income of $40,000 on 12-31-22. ABC sells 50% of the investment in XYZ on 4-1-23 for $75,000. What are the JE's on3-1-22,7-1-22,12-31-22, and 4-1-23?

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