Use the information in the following T-account for the investment in Demo to answer the following questions.
Investment in Demo Co.
(a) How much was Gator Co.'s share of Demo Co.'s net income for the year?
(b) How much was Gator Co.'s share of Demo Co.'s dividends for the year?
(c) What was Demo Co.'s total net income for the year?
(d) What was Demo Co.'s total dividends for the year?
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