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Question 2 7 Wilco acquires 1 , 5 0 0 of the 1 0 , 0 0 0 shares of Seminole Corporation on January 1

Question 27
Wilco acquires 1,500 of the 10,000 shares of Seminole Corporation on January 1,2022, for $600 per share. Seminole reports $500,000 of net income in 2022 and paid $10 per share in dividends. Shares of Seminole traded for $620 per share on December 31,2022. What amount will Wilco report for this investment on December 31,2022?
Please provide your answer as a whole number
$800,000
$900,000
$930,000
$500,000
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