Wildhorse Inc. owns 24% of Tantramar Sand and Gravel and has significant influence over the company's operations. During the year, Tantramar had a net income of
$252000
and paid a dividend of
$42000
. The balance on Wildhorse's balance sheet for this investment would decrease by
$50400
. increase by
$252000
. increase by
$210000
. increase by
$50400
.