Ashley Company Ashley Company Purchased 2,000 of the 10,000 Outstanding Shares of Shares

Ashley Company
Ashley Company purchased 2,000 of the 10,000 outstanding shares of Judd, Inc.'s common stock for $60,000 on January 1, 2010. During 2010, Judd declared a dividend of $5 per share and reported net income of $75,000. At the end of 2010 the market value of a share of Judd, Inc. stock has increased to $32 per share.
-If Ashley Company accounts for the investment as a minority,active investment and uses the equity method to account for the investment,the investment will appear in the December 31,2010 balance sheet at what amount?

A) $60,000
B) $65,000
C) $64,000
D) $75,000