On January 1, Aivah Company purchased 2,000 common shares (25%) of Maywood Corporation as a long-term investment for $200,000. Later in the year, Maywood paid $16,000 in total cash dividends on December 15 and reported net income of $60,000 for the year ended December 31. Determine the amount reported as an equity method investment on Aivah's December 31 balance sheet Investment acquisition Less Dividends Plus Earnings Balance $ 200,000 15.090 (4,000) $ 181,000