Part Seved Help Save & Exit TB MC Qu. 12-96 (Algo) Assume that, on January 1, 2021... Assume that, on January 1, 2021, Matsul Co, paid $2,688,000 for its investment in 96,000 shares of Yankee Inc. Further, assume that Yankee has 300,000 total shares of stock issued. The book value and fair value of Yankee's identifiable net assets were both $600,000 at January 1, 2021. The following Information pertains to Yankee during 2021: Net income Dividends declared and paid Market price of common stock on 12/31/2021 $300,000 $ 90,000 $ 30/share What amount would Matsui report in its year-end 2021 balance sheet for its investment in Yankee? Multiple Choice None of these answer choices are come 52998.000