Simpson, Inc. purchased 100% of the outstanding common stock of Green, Inc. on 1/1/21 for $600,000 in cash and stock. Simpson, Inc. accounts for the income of Green, Inc. using the Simple Equity Method, and during the year Green, Inc. reported Net Income of $100,000 and declared and paid dividends of $70,000. Assuming no other transaction between the two companies, the balance in Investment in Green, Inc. on the books of Simpson, Inc. on 12/31/21 will be: Question 5 options: a) $0 b) $730,000 c) $600,000 d) $630,000