Wildhorse Company purchased 100 of the 1000 outstanding shares of Blossom Company's common stock for $690000 on January 2, 2021. During 2021, Blossom Company declared dividends of $145000 and reported earnings for the year of $490000. If Wildhorse Company used the fair value method of accounting for its investment in Blossom Company, its Equity Investments (Blossom) account on December 31, 2021 should be

A

$675500.

B

$739000.

C

$690000.

D

$724500