on january 1, 2019, yang corporation acquired 25% of the outstanding shares of spiel corporation for $100,000 cash. spiel company reported net income of $75,000 and paid dividends of $30,000 for both 2019 and 2020. the fair value of shares held by yang was $110,000 and $105,000 on december 31, 2019 and 2020 respectively.