On January 1, 2020 Jewelry Center purchased 30,000 of the outstanding 100,000 shares of Moon Co. at a cost of 12 a share. For the year 2020 Moon reported net income of $400,000 and paid dividends of $275,000 during the year. At December31, 2020 the 30,000 shares have a fair value of $14 a share. What is the balance of the investment in Moon common stock account on December31, 2020. O a. $382,500 b. $322,500 O c. $397,500 O d. $457,500