Figure:
Jans Inc -If the Partial Equity Method Had Been Applied, What Was

Figure:
Jans Inc. acquired all of the outstanding common stock of Tysk Corp. on January 1, 2009, for $372,000. Equipment with a ten-year life was undervalued on Tysk's financial records by $46,000. Tysk also owned an unrecorded customer list with an assessed fair value of $67,000 and an estimated remaining life of five years.
Tysk earned reported net income of $180,000 in 2009 and $216,000 in 2010. Dividends of $70,000 were paid in each of these two years. Selected account balances as of December 31, 2011, for the two companies follow. $$\begin{array} { l r r } & { \text { Jans } } & { \text { Tysk } } \\\text { Revenues } & \$ 1,080,000 & \$ 840,000 \\\text { Expenses } & 480,000 & 600,000 \\\text { Investment income } & \text { Not given } & 0 \\\text { Retained earnings, 1/1/11 } & 840,000 & 600,000 \\\text { Dividends paid } & 132,000 & 70,000\end{array}$$
-If the partial equity method had been applied, what was 2011 consolidated net income?

A) $840,000.
B) $768,400.
C) $822,000.
D) $240,000.
E) $600,000.