Gibbs Company rude the following Investments during 2021 with other relevant information pen as wat Purchased 10,000 shares of ABC stock for $25,00 per share. Gibbs plans on being the investment quicky Purchased 250,000 shares of DEF stock for $20.00 per share. The shares represent 30% of the outstanding stock off and the was able to evergnificant nude on DEF Gibbs received a $1.25 per share dividend from ABC Gibbs received a $1.75 per share dividend from DEF DEF reported a total net income of $2,000,000 The year and market prices were as follows: ABC $22.50 DEF: $35.00 Required What amount would be shown on the year-end balance sheet for the ABC investment