on 1/1/2017 Assume that Hello Corp. acquired 25% of the ordinary shares of HHH Corp for $300,000

During 2017, HHH Corp. reported net income of $160,000 and paid total dividends $60,000. If HELLO CORP uses the equity method to account for its investment, the balance in the investment account on December 31, 2017, will be

Select one: a. 325,000 b. 300,000 c. 340,000 d. 400,000