was $$1,000,000.$ The book value of Cook on January $1,2024,$ was $$1,100,000.$ Any excess of cost over book value for this second transaction is assigned to a database and amortized over four years. Cook reports net income and dividends as follows. These amounts are assumed to have occurred evenly throughout the years: On April $1,2025,$ just after its first dividend receipt, Mehan sells $10,000$ shares of its investment. What was the balance in the investment account at April $1,2025$ just before the sale of shares? Multiple Choice $$447,500$ $$468,750$ $$535,875$ $$555,000$