Account Investor Invested Sales $500,000 $300,000 Cost of Goods Sold 230,000 170,000 Gross Profit $270,000 $130,000 Selling & Admin. Expenses 120,000 100,000 Net Income $150,000 $ 30,000 Dividends paid 50,000 10,000 Assuming Investor owns 70% of Investee. What is the amount that will be recorded as Net Income for the Controlling Interest? Question 1Select one: a. $171,000 b. $180,000 c. $178,000 d. $164,000