25 red P Co paid $140,000 for a 70% interest in s Co. on 1/1/2019, when Shad Capital Stock of $50,000 and Retained Earnings of $100,000. Fair values of net assets were the same as recorded book values. During 2019, s had income of $40,000, declared dividends of $15,000, and paid $10,000, On 31/12/2019, the consolidated financial statements will show investment in S CO amount, if using equity method? ed out of lag question Select one: a. 150,000 b. 140,000 co d. 165,000