On January 1, 2021. Crouch Company paid $100,000 for 6,200 shares of Diggory Company common stock. equal to 10% of Diggory Company's outstanding share. Courch Company does not have significant influence over Diggory Company, Diggory reported net income of $58,000 for the year ended December 31, 2021. The fair value of the Diggory stock on that date was $56 per share. What amount will be reported in the balance sheet of Crouch Company for the investment in Diggory at December 31, 2021? Investment amount on December 31, 2021 balance sheet