Ariel owns 70% of Sabastian. During 2019, Sabastian sold 1000 units of inventory to Ariel for $70 each. The units cost $50 to produce. A 12/31/2019 inventory count should indicate that 300 units remained in Ariels inventory. S reported a $50,000 net income in 2019. Ariel should recognize income in 2019 for which of the following amounts?

Investment in Sabastian $35,000

...investment income. $35,000

Investment in Sabastian $30,800

...Investment Income $30,800

21,000

None of the above