Company P purchased an 80% interest in the Company S on January 1,2016 , for $600,000. Any excess of cost is attributed to the Company's building with a 20 -year life. The equity balances of Company S are as follows: The only change in paid-in capital is a result of a 40% stock dividend paid in 2018 . The cost to simple equity conversion to bring the investment account to its December 31,2019 , balance is $256,000 $136,000 $160,000 $30,000