The DEML Corporation reported the following transactions: Jan.1, 2018 Purchased 35% of the common shares of Utilities Board Corporation for $700,000 cash and obtained significant influence over the operations of Utilities Board. Sept. 30, 2018 Corporation. Received a $42.000 cash dividend from Utilities Board Dec. 31, 2018 Utilities Board Corporation reported net income of $150,000 for the year ended December 31, 2018. Jan. 8, 2019 DEML sold 50% of its Utilities Board shares for $400,000 cash. What is the balance of Investment as at December 31, 2018? O $752,500 O$658,000 O $710,500 O $850,000