Given the below facts, what is the total income effect for the year for an investor for its equity-method investment?
Type of Investment: Equity Method
|
Cost of Investment
|
$80
|
Fair value of investment at end of the year
|
$90
|
Total dividends received from investment over the year
|
$10
|
Total Net income of investee over the year
|
$200
|
Percentage of voting shares of investee owned by investor
|
20%
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Income for the year
|
|