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On January 1, 2015, Abzwater.com purchased 20% of the 100,000 outstanding common shares of Sourceit Ltd. for USD 400,000. Sourceit is one of Abzwater.com’ suppliers. The outstanding shares of Sourceit are widely held, so with this purchase, Abzwater.com can exercise significant influence over Sourceit. This investment solidified the relationship between Abzwater.com and Sourceit and will guarantee a steady supply needed by Abzwater.com for its customers. The total loss (i.e., negative net income) of Sourceit for the year ended December 31, 2015 is USD 200000. On December 31, 2015, Sourceit declared and paid dividends to its shareholders. The total amount of the dividends paid to its shareholders is USD 150000. If Sourceit is the only associates of Abzwater.com, the reported investment in associates in the balance sheet of Abzwater.com is ………………………

USD 400000

USD 470000

USD 330000

USD 440000