on january 1, 2021 lee company paid $1,870,000 for 80,000 shares of thoma co's voting common stock which represents a 45% investment. no allocation to goodwill or other specific account was necessary. significant influence over thomas was achieved by this acquisition. thomas distributed a dividend of $2.00 per share during 2021 and reported net income of $720,000 What was the balance in the investment in thomas co account found in the financial records of lee as of december 31,2021