Font Alignment Number fr B D E F G . K On January 1, 2021, Delta purchases 40 percent of company's outstanding common stock for $760,000, which gives it the ability to significantly influence Anderson. At the purchase date, the excess of Delta's cost over its proportionate share of Anderson's book value assigned to goodwill. Anderson company reports net income of $160,000 in year 2021 and $180,000 in year 2022. It declares an annual cash dividend of $70,000 on December 31, 2022, what is the investment in Anderson Company balance in Delta's financial records