Peel co. received a cash dividend from a common stock investment. should peel report an increase in the investment account if it uses the cost method or the equity method of accounting? cost equityon july 1, year 1, denver corp. purchased 3,000 shares of eagle co.'s 10,000 outstanding shares ofcommon stock for $20 per share. on december 15, year 1, eagle paid $40,000 in dividends to its commonstockholders. eagle's net income for the year ended december 31, year 1, was $120,000, earned evenlythroughout the year. in its year 1 income statement, what amount of income from this investment shoulddenver report? a. $36,000b. $18,000c. $12,000d. $6,000

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent