On January 1, 2020, Coldspring Corp. paid $770,000 to acquire Whitt Co. Coldspring used the equity method to account for the investment. The following information is available for the assets, liabilities, and stockholders' equity accounts of Whitt: Book Value Fair Value $95,000 Current assets Land $95,000 120,000 95,000 255,000 185,000 310,000 190,000 Building (twenty year life) Equipment (five year life) Current liabilities Long-term liabilities Common stock Additional paid-in capital Retained earnings 40,000 65,000 40,000 65,000 140,000 300,000 210,000 Whitt earned net income for 2020 of $125,000 and paid dividends of $18,000 during the year. What is the balance in Equity Investment at the end of 2020? Select one: o A. $891,250 B. $873,250 o C. $877,000 O D. $895,000