Question Five (4 Marks) On January 15 2019, Nizwa Corp purchased a 100% interest in Al Izz Corp for $500,000. On the date of acquisition, book value of Al Izz consists of the following: Common Stock $100,000, Additional Paid-in Capital $70,000, and Retained Earnings of $200,000. On that date, Al Izz Corp had a patent that was undervalued by $150,000 on its books with a remaining useful life of 20 years. Nizwa Corp maintains the investment account in Al Izz Corp using the equity method. During 2019, Al Izz Corp earned income of $100,000 and declared and paid dividends of $30,000 Required: Calculate the balance of the investment account by the end of 2019, | SHARE OR POS