Pelican Corporation acquired a 30% interest in Crustacean Incorporated at book value several years ago. Crustacean declared and paid $100,000 dividends in 2010 and reported its income for the year as follows:
Income from continuing operations $700,000
Loss on discontinued division (100,000)
Net income $600,000
Pelican'W s Investment in Crustacean account should increase by
