Hauser Corporation holds 1,900 shares of Marlow Corporation common stock as its sole long-term investment. Hauser does not have significant influence or control over Marlow. The stock was purchased during 2009 at a price of $60 per share. On December 31, 2009, the market price of Marlow's stock was $54 per share. On December 31, 2010, the market price of Marlow's stock was $68 per share. What
should be reported as the carrying value of the investment on Hauser's December 31, 2009, and December 31, 2010, balance sheets, respectively?
a. 114,000; 114,000
b. 102,600; 114,000
c. 102,600; 102,600
d. 102,600; 129,200
D
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