Scott Co$.$ paid $$2,800,000$ to acquire all of the common stock of Dawn Corp. on January $1,2020.$ Dawn's reported earnings for $2020$ totaled $$512,000,$ and it paid $$160,000$ in dividends during the year. The amortization of allocations related to the investment was $$28,000.$ Scott's net income, not including the investment, was $$3,310,000,$ and it paid dividends of $$950,000.$ On the consolidated financial

A$)$ $$-0-$

B$)$ $$132,000.$

statements for $2020,$ what amount should have been shown for Equity in Subsidiary Earnings?

C$)$ $$160,000.$

D$)$ $$484,000.$

E$)$ $$512,000.$