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Sandhill Corporation earns $800000 and pays cash dividends of $280000 during 2021. Dexter Corporation owns 3000 of the 10000 outstanding shares of Sandhill. What amount

Sandhill Corporation earns $800000 and pays cash dividends of $280000 during 2021. Dexter Corporation owns 3000 of the 10000 outstanding shares of Sandhill. What amount should Dexter show in the investment account at December 31, 2021 if the beginning of the year balance in the account was $1040000? O $156000. O $1196000. $1040000. O $1280000

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