My courses 20203 - P Co purchased 90% of S Co common stock at its book value of $200,000 on 1/1/2020.During 2020,S reported net income of $65,000 and paid dividends of $20,000.by using equity methods At what amount should P co reported the Investment in S account on 31/12/ 2020? Select one: : a, 265,000 b. 245,000 c. 240,500 d. 200,000 Previous page Next page Return to: General