On January $1,20$X$5,$ Park Company purchased $10$ percent of Sky$,$ Incorporated's outstanding common shares largest single shareholder in Sky$,$ and Park's officers are a majority on Sky$\text{'}$s board of directors. As a result, Park is able to exercise significant influence over Sky$.$ Sky reported net income of $$500,000$ for $20x5,$ and paid dividends of $$150,000.$ In its December $31,20x5,$ balance sheet, what amount should Park report as investment in Sky$?$

A$)$ $$385,000$

B$)$ $$450,000$

C$)$ $$400,000$

D$)$ $$435,000$