On January 1, 2023, Novak Ltd. acquired 30% of Blossom Corp.'s common shares for $312000. During 2023, Blossom reported net income of $104000 and paid in total dividends of $86000. Abalones's 30% interest in Blossom gives Novak the ability to excercise significant influence over their operating and financial policies. During 2024, Blossom reported net income of $151000 and paid total dividends of $40000 on April 1 and $44000 on Octover 1. On July 1, 2024, Novak sold half of its shares in Blossom for $176000 cash. The carrying amount of this investment in Novak's December 31, 2023 statement of financial position should be $321000 $317400 $352000 $312000