Table 16-3 on January 2, 2017, Harper Corporation Purchased 40% of the of the Outstanding

Table 16-3
On January 2, 2017, Harper Corporation purchased 40% of the outstanding shares of Martin Corporation for $800,000. Net income reported by Martin Corporation for 2017 and 2018 was, respectively, $100,000 and $125,000. Dividends paid by Martin Corporation during 2017 and 2018 were, respectively, $60,000 and $75,000. Harper Corporation has representation on the Martin corporation board of directors.
-Refer to Table 16-3.The investment in common shares account will appear on Harper Corporation's December 31,2017,balance sheet at:

A) $840,000
B) $816,000
C) $776,000
D) $800,000