Anderson company purchased 30% of the outstanding shares of Donald holding by paying 378,000$ during 2019. The following information summarizes the operating performance of Donald holding for the last 3 years:

1. In 2019, Donald recorded a net loss of 280,000$ and decided to pay no dividends.
2. In 2020, Donald reported a 600,000$ net income and decided to pay 20% of net income as dividends.
3. In 2021, Donald reported 100,000$ net loss and paid 50,000$ as dividends to shareholders.

Required:

• What is the balance of the investment that will appear in the statement of financial position on 32.12.2019 ?
• What is the balance of the investment that will appear in the statement of financial position on 32.12.2020 ?
• What is the balance of the investment that will appear in the statement of financial position on 32.12.2021 ?