JDR Company Purchased 40% of the Common Stock of YRK

Multiple Choice

JDR Company purchased 40% of the common stock of YRK Corporation on January 1, 2016, for $2,000,000 as a long-term investment. The records of YRK Corporation showed the following on December 31, 2016: At what amount should JDR report the YRK investment on the December 31, 2016 balance sheet?

A) $2,116,000.
B) $2,000,000.
C) $2,096,000.
D) $2,108,000.