5. On January 1, 2015, Reston Company purchased 40% of Ace Corporation's common stock; no goodwill resulted from the purchase. Reston appropriately carries this investment at equity and the balance in Reston's investment account was $1,008,000 at December 31, 2015. Ace reported net income of $800,000 for the year ended December 31, 2015, and paid common stock dividends totaling $280,000 during 2015. How much did Reston pay for its 25% interest in Ace? a. $1,080,000 b. $990,000 c. $800,000. d. $208,000