Assume that, on January 1, 2021, Sacramento Corporation paid $1,142,400 for its investment in 40,800 shares of Angel Company. Further. assume that Angel has 170,000 total shares of stock issued. The book value and fair value of Angel's identifiable net assets were both $340,000 at January 1, 2021. The following information pertains to Angel during 2021 Net income $170,000 Dividends declared and paid $ 51,000 Market price of common stock on 12/31/2021 $ 30/share What amount would Sacramento report in its year-end 2021 balance sheet for its investment in Angel? Multiple Choice $1.261.400 $1,261.400. None of these answer choices are correct. $1,363,400 $1,170,960