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The Stella Corp. bought 5000 shares of ABC Inc. on June 1, 2018 for 58 per share. The 5000 shares represents 10% of ABC's total

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The Stella Corp. bought 5000 shares of ABC Inc. on June 1, 2018 for 58 per share. The 5000 shares represents 10% of ABC's total common voting stock. On August 1,2018 Stella sells 2200 shares and keeps the remainder. On December 31, 2018 the value of ABC's stock is now $12 per share. What is the amount at which Stella's investment in ABC should be shown on the December 31, 2018 Balance Sheet? A $26.400 OBS11,200 cc.533.600 0 58,800

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