5. On January 1, Leg Company paid $300,000 for a 20 percent interest in Moe Corporation's voting common stock, at which time Moe's stockholders' equity consisted of $600,000 capital stock and $400,000 retained earnings. Leg was not able to exercise any influence over the operations of Moe and accounted for its investment in Moe using the cost method. During the year, Moe had net income of $200,000 and paid dividends of $150,000. The balance of Leg's Investment in Moe account at December 31 is: * (2 Points) $330,000 $310,000 $307,500 $300.000