Behrend (the parent corp.) keeps track of its investment in MHC corp. (its 100% owned subsidiary) using the equity method. At year-end, Behrend has the following account balances on its books: Investment in MHC = $10,500,000 and Investment Revenue from MHC = $1,050,000. Which of the following is true?

A)

investment revenue of $1,050,000 will appear in consolidated income statement

B)

equity method investments of $10,500,000 will appear as an asset in the consolidated balance sheet

C)

all of the above

D)

none of the above