Question 5 Not yet answered Marked out of 1.00 P Flag question on 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 $25,000,X using equity methods what is investment balance on 31/12/2019 Select one: a. 200,000 b. 166,000 c. 170,000 d. 177,000