Jack Corporation purchased a 25% interest in Jill Corporation for $1,760,000 on January 1, 2021. Jack can significantly influence Jill. On December 10, 2021, Jill declared and paid $2.3 million in dividends. Jill reported a net loss of $4.4 million for the year. What amount of loss should Jack report in its income statement for 2021 relative to its investment in Jill

The quinoa seed is in high demand in wealthier countries such as the u.s. and japan. approximately 97% of all quinoa production comes from small farmers in bolivia and peru who farm at high elevations—8,000 feet or higher. the seed is considered highly nutritious. mostly grown and harvested in bolivia and peru, and sold to markets in other countries, the seed is now considered an important for these nations. the governments of bolivia and peru are hopeful that this product will increase the quality of life of their farmers.