?

Financial Accounting

Free Version

Upgrade subject to access all content

Easy

Cash Dividend for Trading Investment

FINACT-VSEMUB

NiceShot Co. purchased a ​trading investment for \$20,000 on November 1, 2015. On December 12, 2015, the company received a cash dividend of \$5,000.

What was the total impact of this investment on NiceShot's income statement for 2015 (in \$ amount)?