Sunland, Inc. acquired 40% of Cheyenne Corporation's voting stock on January 1, 2021 for $940000. During 2021, Cheyenne earned $382000 and paid dividends of $238000. Sunland's 40% interest in Cheyenne gives Sunland the ability to exercise significant influence over Cheyenne's operating and financial policies. During 2022, Cheyenne earned $482000 and paid cash dividends of $138000 on April 1 and $138000 on October 1. On July 1, 2022, Sunland sold half of its stock in Cheyenne for $642000 cash. Before income taxes, what amount should Sunland include in its 2021 income statement as a result of the investment?   $238000.   $95200.   $152800.   $382000

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.