An appliance company determines that in order to sell x dishwashers, the price per dishwasher must be p equals 540 minus 0.4 x. it also determines that the total cost of producing x dishwashers is given by upper c left parenthesis x right parenthesis equals 5000 plus 0.2 x squared . what is the maximum profit?

$18,000

Explanation:

Required:

Find the amount of income Perimeter recognizes in 20X1 as a result of the investment.

Amount of income to be recognized should be calculated as:

Share of net income - Amortization of equipment in excess of book value

Where,

Share of net income = 30% of net income

= 30% × $80,000

= $24,000

Less: Amortization of equipment in excess of book value =

Therefore, amount of income to be recognized =

$24,000 - $6,000

= $18,000

Amount of income Perimeter recognizes in 20X1 as a result of this investment is $18,000