To Dashboard My courses 20203 - General OU - Question 2 6 Not yet answered P Co purchased 90% of S Co common stock at its book value of $200,000 on 1/1/2020. During 2020,S reported net income of $65,000 and paid dividends of $20,000.by using equity methods At what amount should P co reported the Investment in S account on 31/12/ 2020? 11 1 Marked out of 16 P Flag question Select one: a. 200,000 b. 240,500 21 | || | C. 265,000 26 4. 245,000 Finish Time