On January 1, 20X1, ABC Corp purchased 24.65% of the common shares of XYZinc for $95.765. The investment is reported using the equity method, as ABC has significant influence over XYZ XYZ reported net income and dividends of $47,383 and 519,151 respectively for the fiscal year 20X1. For the fiscal year 20X2, XYZ reported net income and dividends of $67.033 and $76.623 respectively. Calculate the balance of Investment in XYZ" account on ABC's balance sheet on December 31, 20X1. Assume both companies have a December 31 fiscal year end. O a $95,459 b. $92,947 c. $97.971 d. $102.996 e. 5100,484