1. The Mon Corporation acquired a 30% interest in the Soon Company on 1/1/2014 for $600,000. At that time, soon had 2,000,000 shares of its common stock issued and outstanding. During 2014, Soon paid cash dividends of $20,000 and Soon's net income for 2014 was $120,000. What should be the balance in Mon's investment in Soon Co. account at the end of 2014? (Assume the company uses the equity method to record the investments)

A. $570,000 B. $600,000 C. $630,000 D. $636,000