Question: Page 1 c Multiple Choice Question 103 Multiple Choice Question 103 Wildhorse Company acquired a 50% interest in Gannon Corporation on December 31, 2017 for

Page 1 c Multiple Choice Question 103 Multiple Choice Question 103

Page 1 c Multiple Choice Question 103 Multiple Choice Question 103 Wildhorse Company acquired a 50% interest in Gannon Corporation on December 31, 2017 for $1865000. During 2018, Gannon had net income of $1090000 and paid cash dividends of $295000. At December 31, 2018, the balance in the investment account should be O $2557500. O $2410000. O $1865000. $2262500

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