On January 1, 2021, Brompton Corp. paid $800,000 for 100,000 ($5 par) shares of Oreo Companys common stock, which represents 40 % of Oreos outstanding common stock. Oreo reported income of $200,000 when the market price of the stock had increased to $10 per share, and paid cash dividends of $60,000 during 2021. Brompton should report the investment in Oreo Company on its December 31, 2021, balance sheet at: