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Financial Accounting

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Effect of Available-for-Sale with Dividend

FINACT-41VE4Z

FishFactory Inc. had a \$37,500 investment on January 1, 2015, which was categorized as available-for-sale. This investment allowed FishFactory to hold 0.5% of outstanding voting stocks of the investee. FishFactory received a \$2,500 cash dividend in 2015.

What was the net impact of this investment on current assets at the end of 2015 (in \$​ amount)?