Alpha bought 30% of the Common Shares of Beta on 1

January 2019 for the amount of $300,000. The righteous

value and book value of net Beta assets in

that date was $1,000,000 and $900,000, respectively.

The difference between the two values is due to a computer

whose market value exceeds that of books by $ 60,000 and

that depreciates in three years. The remnant of such

difference is due to Goodwill.

On May 19, 2019, Beta released the results of its

operations for the first quarter of the year (January to

March 2019) and these reflected a net income of

$200,000. On March 31 Beta declared a dividend on

cash in the amount of $50,000. : What is the balance

which must be reflected in the investment account in the books of

Alpha, after Alpha has posted the information

reported by Beta?

Select a:

a. $356,667

b. $343,500

c. $313,500

d. $371,667