On January 2, Sharpe Company purchases 30% of the 10,000 outstanding shares of $10 par common stock of Barron Corporation at $30. Barron Corporation realizes net income of $50,000 and declares and pays cash dividends of $25,000 in the first year following acquisition by Sharpe Company. 1. The amount debited to Investment in Barron Corporation Stock is 2. Sharpe Company