P Co paid $140,000 for a 70% interest in S Co. on 1/1/2019 , when S had Capital Stock of $50,000 and Retained Earnings of $100,000. Fair values of net assets were the same as recorded book values . During 2019 , S had income of $40,000 , declared dividends of $15,000 , and paid $10,000 , On December 31, 2019, the consolidated financial statements will show investment in SCO amount , if using equity method ? Select one : a . 165,000 b . 150,000 C. 140,000 d . O