Port Company purchased 47,200 of the 118,000 outstanding shares of Sund Company common stock on January 1, 20X2, for $199,000. The purchase price was equal to the book value of the shares purchased. Sund reported the following: Dividends $41,000 Year 20x2 20x3 20x4 Net Income $ 56,000 46,000 7,000 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 20X4