What is the total income effect for the year, Taxation

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Given the below facts, what is the total income effect for the year for an investor for its passive-level, trading investment? (Note: the investment is not sold during the year.)

Type of Investment: Passive Ownership, Trading

Cost of Investment

$80

Fair value of investment at end of the year

$60

Dividends received from investment over the year

$10

Total income effect for the year

 


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