Assume that Horicon Corp acquired 10%of the common stock of Sheboygan Corp. on January 1^stfor $300,000. During the year Sheboygan Corp. reported net income of $160,000 and paid total dividends of $60,000. What is the year-end balance in Horicon's Stock Investments account?

• A
• :
• $325,000.
• B
• :
• $340,000.
• C
• :
• $300,000.
• D
• :
• $400,000.