Homework Answers
| Particulars | $ |
| Investment in 25,000 shares | $ 1,700,000 |
| Add Equity in earnings | $ 150,000 |
| Less Dividend | $ (50,000) |
| Closing value of Investment | $ 1,800,000 |
| Sale of 11250 shares | $ 800,000 |
| Value of 11250 shares sold | $ 810,000 |
| Loss | $ (10,000) |
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