Answer:
$842,000
Explanation:
The computation of the investment amount is shown below:
= Paid amount + net income - cash dividend paid
where,
Paid amount is $800,000
Net income would be = $200,000 × 30% = $60,000
And, the dividend would be = $60,000 × 30% = $18,000
Now put these values to the above formula
So, the value would equal to
= $800,000 + $60,000 - $18,000
= $842,000
Since 30% represents the ownership, so we calculated the same
