Windsor Inc., a public company, owns 20% of Dong Ltd.'s common shares for strategic purposes. The investment's carrying amount at January 1,2024 , is $301,900. During the year, Dong reported profit of $245,800 and paid a dividend of $21,700. The investment's fair value on December 31, 2024, Windsor's year end, is $313,500. (a) Assuming Windsor has significant influence over Dong, indicate the amount reported on the balance sheet for the investment at December 31 and the amount of income from this investment reported in the income statement