4. Par purchased 10 percent of Tot Company's 100,000 shares of common stock on January 2 for $100,000. On December 31, Par purchased an additional 20,000 shares of Tot for $300,000. There was no goodwill as a result of either acquisition, and Tot had not issued any additional stock during the year. Tot reported earnings of $600,000 for the year. What amount should Par report in its December 31 balance sheet as investment in Tot?* (2 Points) $340.000 $400,000 $460.000 $580,000