Milton Company Owns 30% Interest in the Stock of Darcy

Question 108
Multiple Choice

Milton Company owns 30% interest in the stock of Darcy Corporation.During the year,Darcy pays $20,000 in dividends to Milton,and reports $100,000 in net income.Milton Company will report Equity-Method Investment Revenue of: A)$6,000. B)$24,000. C)$30,000. D)$36,000.