19 Time left 0:31:29 Not yet answered Marted of 150 On October 1, 2016 Salma Corporation acquires 40% of Zaid Corporation for $150,000. Zaid's stockholders' equity at January 1, 2016 are $200,000, and reports net income $60,000 for December 31, 2016 and paid $25,000 dividends on July 1, 2016. The book value of Zaid's net assets approximately equal fair value except for equipment that had a book value of $20,000 higher than their fair fair value with a remaining life of 10 years. Based on the preceding information and using equity method what amount of the investment account on Dec 31, 2016? Select one: a. $153,300 b. $155,800 c. $156,200 O d. $145,800 Clear my choice