Presented Below Is the Balance Sheet of Holman Company at January

Presented below is the balance sheet of Holman Company at January 1,2015:
$\begin{array}{ll}\text { Cash } & \$ 100 \\\text { Net Fixed Assets } & {400} \\\text { Total Assets } &{\$ 500}\end{array}$
$\begin{array}{ll}\text { Accounts Payable } & \$ 20 \\\text { Long-term Bonds Payable } & 220 \\\text { Stockholders' Equity } & \underline{260} \\\text { Total Liabilities and Stockholders' Equity } & \$ 500\end{array}$
The balance sheet of Beck Company at January 1,2015 is below:
$\begin{array}{ll}\text { Cash } & \$ 400 \\\text { Net Fixed Assets } &{380} \\\text { Total Assets } & {\$ 780}\end{array}$
$\begin{array}{ll}\text { Accounts Payable } & \$ 120 \\\text { Long-term Bonds Payable } & 280 \\\text { Stockholders' Equity } & \underline{380} \\\text { Total Liabilities and Stockholders' Equity } & \$ 780\end{array}$
On January 1,2015,Beck Company acquired 100 percent of the outstanding common stock of Holman Company for $260 cash.The book value and fair value of Holman's assets and liabilities were equal.Holman Company generated net income of $30 during the year ended December 31,2015.There were no intercompany sales.What is the balance in the Investment in Holman Company account on December 31,2015 before elimination entries are prepared?

A) $0
B) $30
C) $230
D) $290