On January 1, 2019, Awesome Inc. purchased 42% of Popcorns' common stock. Awesome Inc. uses the equity method to account for the investment, and the balance in the investment account at the end of 2019 was $3,399,000. If Popcorns reported a net profit for the period of $679,800 and paid a $102,000 dividend, how much did Awesome Inc. pay for it's investment in Popcorns?

A)

$3,641,676

B)

$3,070,644

C)

$3,156,324

D)

$3,727,356