On January 1, 2019, Khalid Cor., acquired 80%. ownership of Arwa Cor., for $400,000. At the aate of combination, Arwa reported net assets of $600,000 at book value and $500,000 stated at air value. The difference was due to the increased book value of bulldings with a remaining life of 32 years. During 2019 Arwa reported net incomeef $60,000 a and paid dividends of $20,000. On the basis of this information, what amount of the investment account balance on Dec 31, 2019? Aovance ACcou Select one a. $436,875 b.$443,125 c. $434,500 d. $429,500