KC Company applies the initial value method in accounting for its investment in its subsidiary on January 1. During the year, the subsidiary reports income of $100,000 and declares dividends of $20,000. What entry would KC Company need to make the following year to convert the beginning Retained Earnings and Investment in Investee balances to their full-accrual totals (Entry *C)? A. Retained Earnings 100,000 Investment in Investee 100,000 B. Retained Earnings 90,000 Investment in Investee 90,000 C. Invest