On January $1,20$X$3,$ Pink Corporation acquired $25$ percent of the outstanding shares of Silver Corporation for $$100,000$ cash. Silver Company reported net income of $$75,000$ and paid dividends of $$30,000$ for both $203$ and $204.$ The fair value of shares held by Pink was $$110,000$ and $$105,000$ on December $31,203$ and $204$ respectively.

Based on the preceding information, what amount will be reported by Pink as balance in investment in Silver on December $31,20$X$4,$ if it used the equity method of accounting?

$$118,750$

$$108,250$

$$100,000$

$$122,500$