Use the Following Information for Questions 108 and 109

question 110

Multiple Choice

Use the following information for questions 108 and 109.
Tracy Company owns 4,000 of the 10,000 outstanding shares of Penn Corporation common stock. During 2015, Penn earns $300,000 and pays cash dividends of $100,000.
-If the beginning balance in the investment account was $600,000, the balance at December 31, 2015 should be

• A) $600,000.
• B) $680,000.
• C) $720,000.
• D) $800,000.

---

Definitions:

Prison Population

The total number of individuals incarcerated in a country's prison system at any given time.

Prison-Industrial Complex

A term used to describe the overlapping interests of government and industry that use surveillance, policing, and imprisonment as solutions to economic, social, and political problems.

Rehabilitation Programs

Initiatives designed to help individuals, often former prisoners or those recovering from addiction, reintegrate into society and lead productive lives.

School Segregation

The practice of separating students in educational institutions based on race, often resulting in unequal resources and opportunities.