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Harrison Company owns 20,000 of the 50,000 outstanding shares of Taylor, Inc

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Harrison Company owns 20,000 of the 50,000 outstanding shares of Taylor, Inc. common stock. During 2015, Taylor earns $1,200,000 and pays cash dividends of $1,000,000.

If the beginning balance in the investment account was $625,000. the balance at December 31, 2015, should be

A. $1,025,000

B. $825,000

C. $705,000

D. $625,000

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