During the most recent accounting period tlc made 5,000 units of its small tiffany style lamps. making the lamps required 600 labor hours, 30 setups, and consumed 20% of the product-level costs. if the company uses direct labor hours as the single company wide cost driver, the amount of overhead cost allocated to the tiffany lamps

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?