Tulip Corp. purchased 300,000 shares of common stock in Sherman Co. for $50 per share on January 2, 2021, which represents 25% of Sherman Co.s outstanding shares. During 2021, Sherman Co. paid cash dividends of $300,000 and reported net income of $1,000,000. At the end of 2021, Sherman Co.'s stock price had dropped to $49 per share. What should appear on Tulip Corp.s income statement in 2021 because of this investment? A: ($300,000) B: ($225,000) C: $75,000 D: $250,000

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Q: 0,000 shares f

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Q: retained earnings?

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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.