Company P purchased 60% stock in Company Son Jan 1, 20x1 for $200,000. Company S reported the following information for the year 20x1: Income before Extraordinary Income $100,000 Extraordinary Income 30.000 Net Income 130,000 Also, Company S paid a dividend of $20,000 during the year 20X1. Under the equity method in the books of P, the extraordinary income account will be credited with O, because don'y record inventor's share in extraordinary income in the equity method. $18,000 $77,000 $14,000