Question: Q35 give correct answer in 10 mins i will thumb up thanks QUESTION 35 On January 1, 2017, Daley Corporation purchased 30% of the ordinary

Q35 give correct answer in 10 mins i will thumb up

Q35 give correct answer in 10 mins i will thumb up thanks

QUESTION 35 On January 1, 2017, Daley Corporation purchased 30% of the ordinary shares outstanding of King Corporation for $1,000,000. During 2017, King Corporation reported net income of $400,000 and paid cash dividends of $200,000. The balance of the Share Investments-King account on the books of Daley Corporation at December 31, 2017 is O $1,000,000. O $1,060,000. O $1,120,000. O $940,000

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