$120.000 $30.000 QUESTION 21 Company purchased 40% stock in Company Son Jan 1, 20x1 for $200,000. 20X1 is also the first year of operations of Company S. The not ncome of Company S and the dividend paid by it in the year 20X1 is $80,000 and $100,000 respectively. Under the Cost method, the balance in the investment account of Pat the end of the year 20X1 will be $192.000 $232.000 $200,000 $240.000