Question 2 Not yet answered Max Company purchased 38% shares from Zack Company for RO 750,000 in cash. During the year ended 31st December 2020, Zack Company had the Net income of RO 450,000 and dividends declared and paid of RO 120,000. Analyze this information and how would you write the journal entry to record the share in Net income by using cost method in the books of Max company? Marked out of 1.00 Flag question O a. Investment income RO 171,000 Dr / Investment in Zack RO 171,000 Cr O b. Investment in Zack RO 450,000 Dr / Cash RO 450,000 Cr O c. Investment in Zack RO 171,000 Dr / Investment income RO 171,000 Cr d. Cash RO 450,000 Dr / Investment in Zack RO 450,000 Cr