Karter Company purchases 200 of the 1,000 outstanding shares of Flynn Companys common stock for $180,000 on January 2, 2007. During 2007, Flynn Company declared dividends of $30,000 and reported earnings for the year of $120,000. If Karter Company used the equity method of accounting for its investment in Flynn Company, its Investment account on December 31, 2007 should be: a. $174,000 b. $180,000 c. $198,000 d. $204,000 please show work