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solve questions On 01-01-20, Stanley Company purchased 20% of the outstanding common stock of Oster Inc. Stanley's investment allowed Stanley to exert significant influence over

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On 01-01-20, Stanley Company purchased 20% of the outstanding common stock of Oster Inc. Stanley's investment allowed Stanley to exert significant influence over Oster. During 2020, Oster reported net income of $2,200,000 and distributed $800,000 of dividends to Oster shareholders. As of 12-31-20, the balance in Stanley's investment account for its investment in Oster totaled $650,000. What amount did Stanley pay for its investment in Oster? O $210,000 O $490,000 O $370,000 O $There is not enough information to calculate the amount Stanley paid. O $50,000

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