Question: On March 1 , 2 0 2 5 , Green Company invests $ 1 4 comma 0 0 0 in Fruits comma Inc. stock. Fruits
On March Green Company invests $ comma in Fruits comma Inc. stock. Fruits comma Inc. pays Green Company a $ dividend on August Green Company sells the Fruits comma Inc.s stock on August for $ comma Assume the investment is categorized as a shortterm equity investment and Green Company does not have significant influence over Fruits comma Inc.
Requirements
Journalize the transactions for Green Companys investment in Fruits comma Inc.s stock.
What was the net effect of the investment on Green Companys net income for the year ended December
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