On May

$4$

$,$

$2$

XX

$2$

$,$

$$an investor company owns

$3$

$0$

$\%$

$$of the outstanding common stock of an investee and can exercise significant influence over the investee. On May

$4$

$,$

$2$

XX

$2$

$,$

$$immediately preceding the sale of

$2$

$0$

$\%$

$$of the investee's outstanding common stock to an unaffiliated party, the balance of the Equity Investment account was $

$1$

$6$

$8$

$,$

$0$

$0$

$0$

$.$

$$The investor company sold the

$2$

$0$

$\%$

$$interest in the investee for $

$1$

$4$

$4$

$,$

$0$

$0$

$0$

$.$

$$The investor company determined that after the sale of its

$2$

$0$

$\%$

$$interest it could no longer exert significant influence over the investee.