Question 15 (2 points) Fossil holds a 23% investment in the common shares of Swatch. Fossil accounts for its investment in Swatch using the Equity Method. At its previous year-end, the carrying value this investment was $60.0 million. Swatch's Net Income for the current year was $21 million and it paid common dividends of $0.30 per share on 25 million shares outstanding. Fossil and Swatch had no inter-company transactions during the year. At the end of its current year, Fossil's carrying value of its investment in Swatch (in millions) will be