Question: On lanuary 1 , 2 0 2 3 , MBCL Corporation parthed 2 0 X of the subtanding weing there in WIT Corportion for $

On lanuary 1,2023, MBCL Corporation parthed 20X of the subtanding weing there in WIT Corportion for $1.250.000. At the tire of purchase, Wh.Ts rest anets exreundervalued by $72,000 and had a remainere waful life of 12 year Boek corpasies had a Investrent in WHI shares was $1,375,000 On lanary 90,2024, WII paid a cal dividend Mody owershipentifes it to $70.000 of the divident.
Propere the joinal entersce the bods of Mad Cprporaton to recod the tramactions described above anaming that the 20%
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On lanuary 1 , 2 0 2 3 , MBCL Corporation parthed

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