AUS LIIDID Use the following information to answer questions 8 and 9: In January 2021, Zurich Company purchased 1,000 shares of common stock of Munich Company for $50,000. Munich has 10,000 total shares of common stock outstanding. In October 2021, Zurich received $4,000 in dividends from Munich. For the year ended December 31, 2021, Munich Company reported net income of $100,000. At December 31, 2021, the market value of Munich Company's common stock was $53 per share. Zurich intends to sells this investment next year and classified it as trading securities. Question 8 4 pts At what amount would Zurich Company report this investment on its December 31, 2021 balance sheet? $53,000 $54,000 $56.000 $50.000