Water Co purchased 45,000 of the 150,000 1 equity shares of Fysh Co on 1 October 2016 for 5.00 per share. Fysh Co's profit after tax for the year ended 30 September 2017 was 42,000. Fysh Co paid a dividend of 0.25 per share on 31 December 2016.

The carrying amount of the investment in Fysh Co in Water Cos consolidated statement of financial position at 31 July 2017 (to the nearest whole ) was:

A 216,000

B 228,600

C 237,600

D 225,000