Which of the following statements about the u. s. housing industry is accurate?
a) the total net housing wealth is equal to about 80 percent of gdp.
b) the housing industry is not a big part of the economy.
c) no one really knows how many building permits are issued in the u. s. each month.
d) the total net housing wealth was less than 1 billion dollars in 2006.

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?