On January 1,2008,Climber Corporation Acquired 90 Percent of Wisden Corporation

On January 1,2008,Climber Corporation acquired 90 percent of Wisden Corporation for $180,000 cash.Wisden reported net income of $30,000 and dividends of $10,000 for 2008,2009,and 2010.On January 1,2008,Wisden reported common stock outstanding of $100,000 and retained earnings of $60,000,and the fair value of the noncontrolling interest was $20,000.It held land with a book value of $30,000 and a market value of $35,000 and equipment with a book value of $50,000 and a market value of $60,000 at the date of combination.The remainder of the differential at acquisition was attributable to an increase in the value of patents,which had a remaining useful life of five years.All depreciable assets held by Wisden at the date of acquisition had a remaining economic life of five years.Climber uses the equity method in accounting for its investment in Wisden.
-Based on the preceding information,what balance would Climber report as its investment in Wisden at January 1,2011?

A) $251,100
B) $224,100
C) $215,100
D) $234,000