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Grant, Inc acquired 30% of South Co.'s voting stock for $200,000 on January 2, Year 1. Grant's 30\% interest in South gave Grant the ability to exercise significant influence over South's operating and financial policies. During Year 1 , South earned $80,000 and paid dividends of $50,000. South reported earnings of $100,000 for the six months ended June 30, Year 2, and $200,000 for the year ended December 31, Year 2. On July 1, Year 2, Grant sold half of its stock in South for $150,000 cash. South paid dividends of $60,000 on October 1, Year 2. In Grant's December 31, Year 1, balance sheet, what should be the carrying amount of this investment? A. $200,000 B. $209,000 C. $224,000 D. $230,000