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2021 Help Save & Exit SL On January 2, 2020, Black Company purchased 14% of Rock Company's common stock for $54000 Rock's net income for

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2021 Help Save & Exit SL On January 2, 2020, Black Company purchased 14% of Rock Company's common stock for $54000 Rock's net income for the years ended December 31 2020, and December 31, 2021, were $14,000 and $52000, respectively. During 2020, Rock declared and paid a dividend of $61,500. On December at 2020, the fair value of the Rock stock owned by Black had incrised to $70.000 How much should Block show in the 2020 income statement as come from the investment? Multiple Choice O $8.90 There is no correct we 522.000 SW.000 5260

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