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During calendar 2023, Caraway Corp, reported net income of $60,000 and paid total cash dividends of $20,000. Seed Inc. owns 3,000 of the 10,000 outstanding

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During calendar 2023, Caraway Corp, reported net income of $60,000 and paid total cash dividends of $20,000. Seed Inc. owns 3,000 of the 10,000 outstanding shares of Caraway and exercises significant influence. What amount should Seed show in the investment account at December 31, 2023 if the beginning of the year balance in the account was $80,000 ? $92,000. $120,000. $98,000. $80,000

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