Reports only revenues and expenses

On April 1, 2021, BigBen Company acquired 30% of the shares of LittleTick, Inc. BigBen paid $100,000 for the investment, which is $40,000 more than 30% of the book value of LittleTick's identifiable net assets. BigBen attributed $15,000 of the $40,000 difference to inventory that will be sold in the remainder of 2021, and the rest to goodwill. LittleTick recognized a total of $20,000 of net income for 2021, and paid total dividends for the year of $10,000; these dividends were issued quarterly. BigBen's investment in LittleTick will affect BigBen's 2021 net income by:

A. A loss of $10,500.
B. Earnings of $4,500.
C. Earnings of $3,450.
D. Earnings of $1,125.

A special form of guerilla marketing is stealth marketing, which uses surreptitious practices to introduce individuals to a product

Indicate whether the statement is true or false