(5 points) On May 1, 2022, Bungoma Co. purchased 39,000 shares of Baragoi, Inc.'s 156,000 outstanding common stock for $1,170,000. On December 31, 2023, Baragoi, Inc. announced a $296,000 net profit for the year and declared and paid a $118,000 dividend. What will be the net increase to Bungoma Co's investment account for Baragoi, Inc. in 2023, assuming Bungoma Co. did not buy or sell any shares during the year? (A 36) $78,833 $44,500 O $1,189,833 $19,833