Q19) Jans Inc. acquired all of the outstanding common stock of Tysk Corp. on January 1, 2016, for $372,000. Equipment with a ten-year life was undervalued on Tysk's financial records by $46,000. Tysk also owned an unrecorded customer list with an assessed fair value of $67,000 and an estimated remaining life of five years. Tysk earned reported net income of $180,000 in 2016 and $216,000 in 2017. Dividends of $70,000 were paid in each of these two years. Selected account balances as of December 31, 2018, for the two companies follow. Jans Tysk Revenues $ 1,080,000 Expenses 480,000 $ 840,000 600,000 0 600,000 70,000 Investment income Retained earnings, 1/1/18 Dividends paid Not given 840,000 132,000 If the partial equity method had been applied, what was 2018 consolidated net income? 19) A) $822,000. B) $768,400. C) $600,000. D) $840,000. E) $240,000.