10.00 points MC Qu. 94 LO 12-05 Assume that, on January 1, 2016. Assume that, on January 1, 2016, Matsui Co. paid $2.376.000 for its investment in 66,000 shares of Yankee Inc. Further, assume that Yankee has 330,000 total shares of stock issued. The book value and fair value of kee's identifiable net assets were both $660.000 at January 1, 2016. The folowing information pertains to Yankee during 2016 30,000 99,000 Net income nd paid Dividends dec Market price of common stock on 12/31/2016 $38/share What amount would Matsui report in its year-end 2016 balance sheet for its investment in Yankee? O $2.422.200o. O None of these answer choices is correct. O $2.475.000. Muttiple Choice Mc Qu. 94 LO 12-0s Assume that, on January 1 2016 TOSHIBA esc 2 3 4 tab