Reference no: EM133067426

Question - Par Inc purchased 68.77% of Sub Corp's total outstanding voting shares for $218,967 on January 1, Year 3. The carrying value of Sub's identifiable net assets was $187,686 on that date. All of Sub's assets and liabilities had their fair values and carrying values the same, except for a Patent whose fair value was $31,282 higher on the date of acquisition. On the next day, Par sold 8.13% of its Sub shares on the open market for $36,131. What is the carrying amount of the 'Investment in Sub' account on Par's balance sheet immediately after the sale on the next day if Par uses the equity method?