Assume that, on January 1, 2022, Jack Corporation. paid $2,958,000 for its investment in 87,000 shares of Jill Corporation. Further, assume that Jill has 290,000 total shares of stock issued. The book value and fair value of Jill's identifiable net assets were both $580,000 at January 1, 2022. The following information pertains to Jill during 2022:Net income $ 290,000Dividends declared and paid $ 87,000Market price of common stock on 12/31/2022 $ 36 /shareWhat amount would Jack report in its year-end 2022 balance sheet for its investment in Jill?

$3,335,000.

$3,161,000.

$3,018,900.

None of these answer choices are correct.