Sofie Company buys stock in Nut Corporation in cash on January 1, 2020, and reports the investment as having no significant influence.
The percentage of investment	15%	Amount paid	$6,000,000
On January 1, 2022 Sofie Company makes the following additional investment in Nut Corporation and changes to the equity method of reporting for this investment:
The additional percentage of investment	25%	Additional amount paid	$15,000,000
	December 31, 2020	December 31, 2021
Fair value of the 15% investment is as follows:	$6,200,000	$6,450,000
Nut Corporation reported the following amounts for the years:
			2020	2021	2022
Net Income			$150,000	$200,000	$250,000
Cash dividends (Paid at year-end)			$50,000	$80,000	$100,000
Additional information: Nut Corporation reported no comprehensive income and any basis difference is attributed to goodwill. Required: Develop a table showing the calculation of what the amount Sofie Corporation will report on the balance sheet for the investment in Nut Corporation on December 31, 2022.