On January 1, 2014, Bartley Corp

On January 1, 2014, Bartley Corp. paid $900,000 for 100,000 ordinary shares of Oak Company, which represents 40% of Oak's outstanding shares. Oak reported net income of $200,000 and paid cash dividends of $60,000 during 2014. Bartley should report the investment in Oak Company on its December 31, 2014, statement of financial position at:

A) $900,000
B) $844,000
C) $924,000
D) $956,000