On January 1, 2021, Carla Vista Company purchased 25% of Ace Corporation's common stock; no goodwill resulted from the purchase. Carla Vista appropriately carries this investment at equity and the balance in Carla Vista's investment account was $1070000 at December 31, 2021. Ace reported net income of $650000 for the year ended December 31, 2021, and paid cash dividends on common stock totaling $255000 during 2021. How much did Carla Vista pay for its 25% interest in Ace? $1168750. $1133750. $971250. O $1296250.