32 33 34 35 36 37 30 31 Moving to another question will save this response. Question 3 Question 3 of 37 3 points Save Ans United Inc. bought 40% of Arjent Corp.'s outstanding common stock on January 2, 2022, for $800,000. The book value of Arjent net assets at the purchase date totaled $1,500,000. The fair value of Arjent' net assets at the purchase date totaled $1,564,000. The difference is attributable to the undervalued buildings (60,000) and inventory (4,000). The building has a remaining useful life of ten years with no residual value. Both companies use straight-line depreciation. All inventory was sold during 2022. During 2022, Arjent reported net income of $100,000 and paid a $20,000 cash dividend. There is no impairment of goodwill during 2022. Assume that United Inc. uses the equity method to account for this investment. What amount should United report in its income statement from its investment in Arjent for the year ended December 31, 2022? O $20,000 $36,000 $22,200 $32,000 A Moving to another question will save this response. 3 WE VOD i R 96 5 MacBook Pro Ba 7 T Y F G H 2 Question 3