JDR Company Purchased 40% of the Common Stock of YRK $\begin{array}{lr}2014 \text { net income } & \$ 290,000 \\\text { Dividends declared and paid during December, 2014 } & \$ 20,000\end{array}$

JDR Company purchased 40% of the common stock of YRK Corporation on January 1, 2014, for $2,000,000 as a long-term investment. The records of YRK Corporation showed the following on December 31, 2014: $\begin{array}{lr}2014 \text { net income } & \$ 290,000 \\\text { Dividends declared and paid during December, 2014 } & \$ 20,000\end{array}$ At what amount should JDR report the YRK investment on the December 31, 2014 balance sheet?

A) $2,116,000.
B) $2,000,000.
C) $2,096,000.
D) $2,108,000.