P company acquires 90% of S company's outstanding common stock for $200,000 on 1/1/2021. In 2021, S company reported net income of $50,000 and declared dividend of $10,000. In 2022, S company reported net income of $40,000 and declared dividend of $10,000. P company uses the cost method to record its investment. Calculate the balance of P company's Investment in s Company account at 12/31/2022. A. $263,000 B. $200,000 C. $261,000 D. $270,000