On January 1, 2009, Riney Co. owned 85% of the common stock of Garvin Co. On that date, Garvin's stockholders' equity accounts had the following balances: common stock ($5 par value) $250000 additional paid in capital $105000 retained earnings $315000 total stockholders equity $670000 The balance in Riney's Investment in Garvin Co. account was $569,500 and the non-controlling interest was $100,500. On January 1, 2009, Garvin Co. sold 10,000 shares of previously unissued common stock for $15 per share. Riney did not acquire any of these shares. What is the balance in Investment in Garvin Co. after the sale of the 10,000 shares of common stock? (Do not round calculation of new interest.) A. $569,500 B. $580,833 C. $558,167 D. $584,500 E. $615,000