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
$252000and 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.