K On January 1, 2019, TXU Europe Corporation purchased 40% of the outstanding stock of Alberta Power Pool Corporation for $800,000. Net income reported by Alberta Power Pool Corporation for 2019 and 2020 was, respectively, $100,000 and $125,000. Dividends paid by Alberta Power Pool Corporation during 2019 and 2020 were, respectively, $60,000and $75,000. The long-term investment will appear on TXU Europe Corporation's December 31, 2020, balance sheet at OA. $746,000 OB. $864,000 O c. $836,000 D. $890,000 ...

On January 1,2019, TXU Europe Corporation purchased 40% of the outstanding stock of Alberta Power Pool Corporation for $800,000. Net income reported by Alberta Power Pool Corporation for 2019 and 2020 was, respectively, $100,000 and $125,000. Dividends paid by Alberta Power Pool Corporation during 2019 and 2020 were, respectively, $60,000 and $75,000. The long-term investment will appear on TXU Europe Corporation's December 31 , 2020, balance sheet at A. $746,000 B. $864,000 C. $836,000 D. $890,000