Can someone answer this for me? thank you so much

1. Wray Company provided the following data for 2015: . On September 1, Wray received a P500,000 cash dividend from Seco Company in which Wray owns a 30% interest. On October 1, Wray received a P60,000 liquidating dividend from King Company. Wray owns a 5% interest in King. Wray owns a 2% interest in Bow Company, which declared a P2,000,000 cash dividend on November 15, 2015 payable on January 15, 2016. What amount should be reported as dividend income for 2015? a. 600,000 b. 560,000 C. 100,000 d. 40,000