Cayman Inc. bought 30% of Maya Company on January 1, 2021 for $450,000. The equity method of accounting was used. The book value and fair value of the net assets of Maya on that date were $1,500,000. Maya began supplying inventory to Cayman as follows:

Year	Cost to Maya	Transfer Price	Amount Held by Cayman at Year-End
2021	$30,000	$45,000	$9,000
2022	$48,000	$80,000	$20,000

Maya reported net income of $100,000 in 2021 and $120,000 in 2022 while paying $40,000 in dividends each year. What is the Equity in Maya Income that should be reported by Cayman in 2022? The answer is 34,500. Please how how to get the answer