Help Save & Exit On January 2 Year 1, Barber Company purchased 5,600 shares of Convell Company for $66.620. Convell Company has a total of 28,000 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell. During each of the next two years, Convell declared and paid cash dividends of $0.85 per share, and its net income was $78,000 and $73,000 for Year 1 and Year 2, respectively. What is the book value of Barber's investment in Conivell at the end of Year 2? Multiple Choice $87300 O 506,820 $66.620 595820