The Master Company acquired a 40% interest in Dickerson Company on January 2, 2017 for $1,000,000. During 2017, Dickerson Company paid $100,000 in dividends and reported net income of $270,000. At the end of 2017, the balance in investment in Dickerson Company should be?

A) 1,040,000

B) 1,068,000

C) 1,000,000

D) 1,108,000