Providence Corporation makes an equity-method investment in Southampton Inc. at a purchase price of $3.4 million cash, representing 30% (at book value) of Southampton Inc. During the year, Southampton reports net income of $985,000 and Providence receives $675,000 of cash dividends from Southampton. At the end of the year, the market value of Providence’s investment is $3.1 million. At year end, what does Providence Corporation report on its balance sheet for its investment in Southampton Inc.?

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: