In January 1, 2013, Cooper Inc. bought 400,000 shares, representing 40% of the outstanding stock, in Riverdell Inc. for $28 per share. Riverdell’s net income for 2013 was $3,250,000. Riverdell declared and paid cash dividends of $1.50 per share in 2013. The dividend was declared on November 2, 2013, and paid on November 20, 2013. Riverdell stock was trading for $26 per share at fiscal year end, December 31, 2013. Riverdell’s net income for 2014 was $1,300,000. Riverdell did not pay cash dividends in 2014. Riverdell stock was trading for $23.50 per share at fiscal year end, December 31, 2014.

Provide the complete, updated T-account for Investment, Equity Method for Cooper Inc.