Equity Method The balance sheet of The Miller Corporation disclosed a long-term investment in the common shares of The Mann Corporation valued at $350,000 as of December 31, 2012. The investment had been purchased by The Miller Corporation in January, 2009. Further, the following financial information from The Mann Corporation is available: Net Income Dividends Year (loss) Paid 2009 $(30,000) $0 2010 120,000 50,000 2011 150,000 60,000 2012 200,000 80,000 Determine how much The Miller Corporation paid for its investment in Mann common shares in January 2009 assuming that the investment represents a 45 percent ownership interest. $ 0