On January 4, 2021, A Corporation purchased 30,000 shares (45%) of the outstanding, voting common stock of B Corporation, paying $800,000. There was no goodwill or other cost allocation associated with the investment. A Corporation uses the accrual basis of accounting. A Corporation has significant influence over B Corporation. During 2021, B Corporation reported income of $300,000 and paid dividends of $90,000. On January 2, 2022, A Corporation sold 6,000 shares for $200,000. What is the cost of the shares sold by A Corporation?

• $185,000

• $178,900

• $715,600

• $189,200

• None of the other choices are correct.