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Assume that, on January 1, 2021, Everest Corporation paid $2688.000 for its investment in 96.000 shares of Beam Company further assure that team hes 300.000

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Assume that, on January 1, 2021, Everest Corporation paid $2688.000 for its investment in 96.000 shares of Beam Company further assure that team hes 300.000 total shares of stock issued. The book value and folt value of Beam's identifiable net assets were both $600.000 January 2021. The following information pertains to Beam during 2021 Net income 5300.ece Dividends declared and paid $ 90,000 Market price of common stock on 12/31/2021 $ 30/share What amount would Everest report in its year-end 2021 balance sheet for its investment in Beam? Multiple Choice 53078.000 $2.255.200 $2.898000 None of the chose com

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