If Ashley Company accounts for the investment as a minority, active investment and uses the equity method to account for the investment, the investment will appear in the December 31, 2010 balance sheet at what amount?
a. $60,000
b. $65,000
c. $64,000
d. $75,000
B
$60,000
-10,000 dividend
+15,000 share of income
Business
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