Port Company purchased 43,200 of the 108,000 outstanding shares of Sund Company common stock on January 1, 20X2, for $183,000. The purchase price was equal to the book value of the shares purchased. Sund reported the following: Year Net Income $58,000 48,000 9,000 Dividends $43,000 20X2 20X3 20X4 Required: Compute the amounts Port Company should report as the carrying values of its investment in Sund Company at December 31, 20X2, 20X3, and 20X4. Amounts 20X2 20X3 2074