An investor uses cash to purchase 42% interest in an investee company, and the investor concludes that it can exert significant influence over the investee. The book value is equal to the fair value of the investees assets and liabilities on the acquisition date and the investor purchases its interest for $200,000. Subsequent to the acquisition, the investee reports net income of $229,934, and pays cash dividends of $10,000. How much dividends received should the investor record?