On January 1, 2016 Zead Co. acquired 90% of Hanan Co. for $180,000. At the date of acquisition, Hanan reported net assets of $450,000 at book value and $500,000 stated at fair value. The Un-Amortization excess was (50,000) (F.V>B.V) of equipment with a remaining life of 10 years. During 2016 Hanan reported net income of $25,000 and paid dividends of $10,000. Assume that Zead uses the equity method. What amount of investment (90%) for the year ended in 2016? Select one: O a. $180,000 b. $90,000 c. $250,000 O d. $189,000