Oriole Company Balance Sheet December 31, 2021 Assets $2520000 $330000 Liabilities Capital stock Retained earnings Total equities 1260000 930000 $2520000 Sheffield Company Balance Sheet December 31, 2021 Assets Liabilities $1920000 $440000 1210000 270000 Capital stock Retained earnings Total equities $1920000 If Oriole Company acquired a 30% interest in Sheffield Company on December 31, 2021 for $470000 and during 2022 Sheffield Company had net income of $153000 and paid a cash dividend of $63000, applying the equity method would give a debit balance in the Equity Investments (Sheffield) account at the end of 2022 of O $451100. $497000 $515900. $470000