Use the following facts for Multiple Choice problems 29 and 30: Assume that on January 1, 2013, an investor company acquired 100% of the outstanding voting common stock of an investee company. The following financial statement information is for the investor company and the investee company on January 1, 2013, prepared immediately before this transaction. Book Values Investor Investee Receivables & inventories $100,000 $ 50,000 Land.... 200,000 100,000 Property & equipment, net. 225,000 100,000 Total assets. $525,000 $250,000 Liabilities. Common stock ($2 par) Additional paid-in capital Retained earnings Total liabilities & equity. $150,000 20,000 280,000 75,000 $525,000 $ 80,000 10,000 150,000 10,000 $250,000 29. Compute the investment account (market value equals book value) Assume that the fair values of the investee's net assets approximated the recorded book values of the investee's net assets, and the transaction resulted in no recorded goodwill or bargain purchase gain. What is the balance in the pre-consolidation "investment in investee" account on the investor company's books on January 1, 2013, immediately after the acquisition of the investee company voting common stock? a. Not enough information provided b. $10,000 c. $150,000 d. $170,000