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On 1/1/2018, P Company acquired 80% of Company. During 2018, P recorded equity income 8000 JD and dividends 3000 JD. During 2019, P recoded equity

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On 1/1/2018, P Company acquired 80% of Company. During 2018, P recorded equity income 8000 JD and dividends 3000 JD. During 2019, P recoded equity income 14000 JD and 0 dividends. Investment balance on 31/12/2019 is 189000 JD. Compute investment balance on 1/1/2018 Select one: O a. 160000 O b. 170000 O C. 180000 d. 190000

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