_____On 1/1/06, Pylex Acquired 100% of Sylex's Outstanding Common Stock

_____On 1/1/06, Pylex acquired 100% of Sylex's outstanding common stock. The analysis of the Investment account (in thousands) as of that date follows:
Additional information:
A.The subsidiary had net income of $80,000 in 2006.
B.The subsidiary declared dividends of $50,000 in 2006.
C.The subsidiary paid dividends of $35,000 on 11/11/06. (The remaining $15,000 of dividends declared in 2006 was paid on 1/15/07.)
D.The building has a remaining life of 12 years.
E.The subsidiary's accumulated depreciation at the acquisition date was $44,000.
F.The parent uses the equity method of accounting.
What is the carrying value of the investment at 12/31/06?

A) $500,000
B) $505,000
C) $515,000
D) $530,000
E) None of the above.