Question 6/18 Harrison Co. owns 20,000 of the 50,000 outstanding ordinary shares of Taylor, Inc. During 2011, Taylor earns $700,000 and pays cash dividends of $540,000. If the beginning balance in the investment account was $600,000, the balance at December 31, 2011 should be 1. $620,000 2. $664,000 3. $564,000 + $600,000