Blossom Company purchased 200 of the 1000 outstanding shares of Nash Company's common stock tor 5470000 on January 2021. During 2021, Nash Company declared dividends of $35000 and reported earnings for the year of $270000 If Blossom Company uses the equity method of accounting for its investment in Nash Company, its Equity Investments account at December 31, 2021 should be $524000 o $463000 $517000. $470000 Attempts: 0 of 1 used Site Save for Later