Archer Enterprises reports the following investments:

Investment in:

Carrying Value

Corporate bond, classified as a held-to-maturity investment

$50,000

Corporate bond, classified as a trading security

75,000

Corporate bond, classified as available-for-sale

100,000

Corporate stock, 2% interest

150,000

Corporate stock, 49% interest

95,000

Investments with a total carrying value of $__________ would need to be tested for impairment.

Group of answer choices

A) $470,000

B) $245,000

C) $150,000

D) $300,000