Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investment at $150.500 and $165,150 at December 31, 2020, and December 31, 2021. respectively. During 2021 Clor recognized $75,800 of net income and paid dividends of $20.800. 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% 70% 1996 27%