Pardo Corporation Paid $140,000 for a 70% Interest in Spedeal

Pardo Corporation paid $140,000 for a 70% interest in Spedeal Inc.on January 1,2011,when Spedeal had Capital Stock of $50,000 and Retained Earnings of $100,000.Fair values of identifiable net assets were the same as recorded book values.During 2011,Spedeal had income of $40,000,declared dividends of $15,000,and paid $10,000 of dividends.On December 31,2011,the consolidated financial statements will show

A) investment in Spedeal account of $170,000.
B) investment in Spedeal account of $165,000.
C) consolidated goodwill of $50,000.
D) consolidated dividends receivable of $5,000.