Question: Brief Exercise 12-12 (Algo) Equity method and dividends (LO12-6) Turner Company owns 45% of the outstanding stock of ICA Company. During the current year, ICA

Brief Exercise 12-12 (Algo) Equity method and dividends (LO12-6) Turner Company owns 45% of the outstanding stock of ICA Company. During the current year, ICA paid a $4 million cash dividend on its common shares. What effect did this dividend have on Turner's 2021 financial statements? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Balance sheet: Income statement

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