Business, 03.05.2021 14:30 2019jbash

g On January 2, 2020, United Health Group Inc. purchased 14% of Lionbridge's common stock for $53,000. During 2020, Lionbridge declared and paid a dividend of $66,500. Lionbridge's net income for the year ended December 31, 2020 was $17,000. On December 31, 2020, the fair value of the Lionbridge stock owned by United Health Group Inc. had increased to $69,000. How much should United Health Group Inc. show in the 2020 income statement (as part of Net Income) as income from this investment

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g On January 2, 2020, United Health Group Inc. purchased 14% of Lionbridge's common stock for $53,00...

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