The summarized balance sheets of the Sun Company and the Moon Company as pf December 31, 19x4, are as follows:

SUN COMPANY

Balance Sheet

December 31, 19x4

Assets $600,000

Liabilities 150,000

Capital stock 300,000

Retained earnings 150,000

Total equities 600,000

MOON COMPANY

Balance Sheet

December 31, 19x4

Assets $400,000

Liabilities 100,000

Capital stock 250,000

Retained earnings 50,000

Total equities 400,000

If the Sun Company acquired a 100% interest in the Moon Company on December 31, 19x4, for $270,000, and if during 19x5 the Moon Company had net income of $22,000 and paid a cash dividend of $7,000, applying the cost method would give a debit balance in the Investment in Stock account of the Moon Company at the end of 19x5 of

A. $285,000.

B. $283,500.

c. $276,300.

D. $270,000.