On January 1, 2014, BCD paid $600,000 for 60,000 shares of MNO's common which represents a 25 percent investment in MNO. BCD has the ability to exercise significant influence over MNO. BCD received a cash dividend of $1 per share from MNO at the end of 2014. MNO reported net income of $320,000 for the year ended December 31, 2014. The balance in BCD's investment account, at December 31, 2001, should be: Multiple Choice

a- $680,000,

b-$600,000,

c- $620,000,

d- $540,000