On January 1, 2021, Goyeche Corporation Purchased 30% of the Common

On January 1, 2021, Goyeche Corporation purchased 30% of the common shares of Grafenburg Limited for $ 400,000. During 2021, Grafenburg Limited paid cash dividends of $ 60,000 and had profit of $ 300,000. During the same period, Goyeche earned $ 500,000 and paid dividends of $ 125,000. Both corporations have a December 31 year end. Immediately following the acquisition, the balance in Goyeche's Investment in Associate-Grafenburg account is

A) $ 472,000.
B) $ 400,000.
C) $ 460,000.
D) $ 340,000.