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A firm acquires 30% of an investee's stock for $100,000. If the fair value of the stock increases to $130,000 and the investee reports $500,000

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A firm acquires 30% of an investee's stock for $100,000. If the fair value of the stock increases to $130,000 and the investee reports $500,000 in net income and also pays a total dividend of $50,000 , then how much income will the firm (the investor) report on its income statement? $80,000 $15,000 $30,000 $150,000

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