On January 1, 2013, X Inc. purchased 30% of the voting shares of Y Inc. for $100,000. The investment is reported using the equity method, as X has significant influence over Y. Y's net income and declared dividends for the following three years are as follows:

Net Income Dividends

2013 $50,000 $20,000

2014 $70,000 $50,000

2015 $30,000 $20,000

What would be the carrying value of X's Investment in Y at the end of 2015?

A. $145,000

B. $118,000

C. $100,000

D. $82,000

E. None of the above