12. ABC Company purchased 400 of the 1,000 outstanding ordinary shares of Tareq Company's for 600,000 on January 1, 2019. During 2019, Tareq Company declared dividends of 100,000 and reported earnings for the year of 400,000. If ABC Company used the fair value method of accounting for its investment in Tareq Company, its Equity Investments account on December 31, 2019 should be (4 Points) 580,000 O 660000 600,000 680,000