On January 2, 2021, Garner, Inc. bought 30% of the outstanding common stock of Moody, Inc. for $60 million cash. At the date of acquisition of the stock, Moody's net assets had a book value and fair value of $180 million. Moody's net income for the year ended December 31, 2021, was $30 million. During 2021, Moody declared and paid cash dividends of $6 million. On December 31, 2021, the fair value of 100% of Moody's stock was $650 million. On December 31, 2021, Garner's investment account should be reported at: Multiple Choice $60.0 million. O $65.0 million. O $67.2 million. O $71.1 million