Accounts payable $ 18400 Accounts receivable 11000 Accumulated depreciation – equipment 28000 Advertising expense 20600 Cash 15000 Common stock 41400 Dividends 13800 Depreciation expense 11900 Insurance expense 3100 Note payable, due 6/30/19 71400 Prepaid insurance (12-month policy) 6200 Rent expense 17300 Retained earnings (1/1/18) 58100 Salaries and wages expense 31400 Service revenue 133000 Supplies 4100 Supplies expense 5900 Equipment 210000 What is the company’s net income for the year ending December 31, 2018?

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?