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Jack Corporation purchased a 25% interest in Jill Corporation for $1,520,000 on January 1, 2018. Jack can significantly influence Jill. On December 10, 2018, Jill declared and paid $1.1 million in dividends. Jill reported a net loss of $4.0 million for the year. What amount of loss should Jack report in its income statement for 2018 relative to its investment in Jill? Multiple Choice 0 $1,520,000 0 $1,100,000 0 $1,000,000. 0 $1,245,000