Services are often judged based on which things?

a. the people providing the service and the experience of receiving the service
b. the physical goods associated with the service and the age of the company
c. the economies of scale of the company and the number of services provided by the company
d. the number of people working at a company and the company's finances

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?