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A corporation using the equity method of accounting for its investment in a 80%- owned investee, which earned $20,000 and paid $5,000 in dividends What

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A corporation using the equity method of accounting for its investment in a 80%- owned investee, which earned $20,000 and paid $5,000 in dividends What is the ending balance of investment on 31/12 if investment in 1/1 amount 100,000$ ? Select one: a. 115,000 b. 100,000 c. 112,000 d. 120,000

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