On January 3, 2011, Han Company purchases a 15 percent interest in Ben Corporation's common stock for $50,000 cash. Han accounts for the investment using the cost method. Ben's net income for 2011 is $20,000, but it declares no dividends. In 2012, Ben's net income is $80,000, and it declares dividends of $120,000. What is the correct balance of Han's Investment in Ben account at December 31, 2012?

a. $47,000

b. $50,000

c. $62,000

d. $65,000

ASAP , It will be appraised.