Question: someone please solve this asap! i will give a thumbs up. Company A bought 49,000 shares of Company B for a price of $5 per

someone please solve this asap! i will give a thumbs up.
someone please solve this asap! i will give a thumbs up. Company
Company A bought 49,000 shares of Company B for a price of $5 per share in January 2020. Company A previously owned no stock of Company B and after the acquisition, it owned 49% of the shares. Using the below data for Company B, and ignoring income tax effects, what should Company A report on its balance sheet regarding its investment in Company B on December 31, 2021? Round to the nearest whole number in your answer. Answer using only the number (ie., 1000000 instead of $1000000). 2020 2021
Net income $1,000,000 -$140,000
Dividend per share $1.30 $1.20

Company Abought 49,000 shares of Company for a price of per share in forway 2020. Cumpy Come shares. Using the below data for Company and income taxect, what should comportan behera Hound to the nearest whole number in your anwe Anwwer in the 1000000 1000000 2000 Net income 51,000,000 -5140,000 Dividend per share 51.0 SLO

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