Question 4 of 4 - /6 E View Policies Current Attempt in Progress Bramble Ltd. invested $1,500,000 in Gloven Corp. early in the current year, receiving 25% of its outstanding shares. At the time of the purchase, Gloven Corp. had a carrying amount of $ 3,675,000. Gloven Corp. pays out 35% of its net income in dividends each year. Assume that Bramble Ltd. applies IFRS and that the 25% holding of Gloven shares is sufficient to enable Bramble to significantly influence the operating, investing, and financing decisions of Gloven. Use the information in the following Taccount for the investment in Gloven to answer the following questions: Investment in Gloven Corp. 1,500,000 112,000 39,200 17.000 How much was Bramble Ltd's share of Gloven Corp's net income for the year? Share of Bramble Ltd. in Gloven Corp's net income $ e Textbook and Media How much was Bramble Ltd's share of Gloven Corp's dividends for the year? Share of Bramble Ltd. in Gloven Corp's dividend $ e Textbook and Media How much was Bramble Ltd.'s annual depreciation of the excess payment for capital assets? Annual depreciation $ e Textbook and Media What was Gloven Corp's total net income for the year? Gloven Corp's total net income $ e Textbook and Media What were Gloven Corp's total dividends for the year? Gloven Corps total dividends $ e Textbook and Media Assuming that depreciable assets had a remaining useful life of 10 years when Bramble acquired its investment in Gloven, how much of the payment in excess of carrying amount was assigned to goodwill? Excess of carrying amount assigned to goodwill $ e Textbook and Media