Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor Investment at $150,250 and $165,250 at December 31, 2020, and December 31, 2021, respectively. During 2021 Clor recognized $75,700 of net income and paid dividends of $20,750. Assuming that Bloomfield owned the same percentage of Clor throughout 2021, its percentage ownership must have been: (Round your answer to the nearest whole percent Multiple Choice 25% 20% 72% 27%