Investments during one year what does the information demonstrate about alex's investments? he should have invested in a commodity instead of a stock. he would have lost more with a higher-risk investment. he most likely would have benefited by diversifying. he most likely would have profited by buying more of the stock.

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?