Schlumber Corp. paid $200,000 to purchase 30 percent of the stock of Schleep, Inc., this year. At the end of the year, Schleep reported net income of $50,000 and declared and paid dividends of $20,000. If Schlumber uses the equity method to account for its investment in Schleep, at what amount would the investment be reported at the end of the year?

a. $200,000
b. $209,000
c. $215,000
d. $221,000