On January 1 of the Current Year,Beta Company Paid $200,000

On January 1 of the current year,Beta Company paid $200,000 for 10,000 shares of Gamma Company common stock.These securities were classified as trading securities.Beta owns 10% of Gamma Company.Gamma reported net income of $65,000 for December 31 of the current year.The fair value of the Gamma stock on that date was $27.What amount will be reported in Beta's balance sheet for the investment in Gamma at December 31?

A) $206,500
B) $265,000
C) $270,000
D) $276,500