3. Atiarge inc. owns 30% of the outstanding voting common stock of Tieker Co. and has the ability to significantly influence the investee's operations and decision making. During 2019, Ticker earned income of $108,000 and paid cash dividends of $36,000. Previously in 2018 , Ticker had sold inventory costing $28,800 to Atlarge for $48,000. All but 25% of this merchandise was consumed by Atlarge during 2018 . The remainder was used during the first few weeks of 2019. Additional sales were made to Atlarge in 2019; inventory costing $33,600 was transferred at a price of $60,000. Of this total, 40% was not consumed until 2020. What amount of equity income would Atlarge have recognized in 2019 from its ownership interest in Ticker? A. $34,428. B. $32,400. C. $30,672. D. $36,072. E. $32,448