Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investment at $150,400 and $165,150 at December 31, 2017 and 2018, respectively. During 2018 Clor recognized $75,050 of net income and paid dividends of $21,000. Assuming that Bloomfield owned the same percentage of Clor throughout 2018, their percentage ownership must have been (Round your answer to the nearest whole percent): Multiple Choice 25%. 70%. 27%. 20%