... The investor should report these losses as extraordinary items 59 Free Test Bank for Advanced Accounting 11th Edition by Hoyle Multiple Choice Questions - Page Which of the following results in ... in Inkblot by $280,000 B Increase Investment in Inkblot by $280,000 C.Reduce Investment in Inkblot by $120,000 D.Increase Investment in Inkblot by $120,000 E Increase Dividend Income by $120,000 ... intra-entity inventory transfers for the prior year B Unrealized gain on intra-entity inventory transfers for the current year C.Dividends paid by the investor D.Dividends paid by the investee E Sale of...