Question 1 Not yet an 1/1/2019 X Co acquired 80% of Y common stock for $150,000 in the same day the y net assets was $ 140,000 in the same date the fair value of assets and liabilities were equal .year ended 31/12/2019 y reported income $50,000 , declared dividend $30,000, X using equity methods what is investment balance on 31/12/2019 answered Marked out of 1.00 Select one: Flag question a. 200,000 b. 177.000 C. 166,000 d. 170,000