On January 1, 2020, Jamestina Corp. paid $1,800,000 for 100,000 shares of Belinda Company's common stock, which represents 25% of Belinda's outstanding common stock. Belinda reported net income of $1,200,000 and paid cash dividends of $600,000 during 2020. Jamestina Corp should report the investment in Belinda Company on its December 31, 2020, balance sheet at: a. $1,800,000 b. $1,758,000 c. $1,818,000 d. $1,950,000