单选题
Selected data from Douglas Company"s balance sheet at the end of the year follows:
Investment in Corrision Company, at fair value
Deferred taxes
Common stock, $1 par value
Preferred stock, $100 par value
Retained earnings
Accumulated other comprehensive income
|
$150000
$86000
$550000
$175000
$893000
$46000
|
The investment in Corrision Company had an original cost of $120000. Assuming the investment in Corrision is classified as available-for-sale, Douglas Company"s total owners" equity at year-end is closest to: