Corporation purchased a $30\%$ interest in Hack Corporation for $$1,925,000$ on January $1,2024.$ On November $1,2024,$ Hack declared and paid $$2\mathrm{.}7$ million in dividends. On December lack reported a net loss of $$5\mathrm{.}5$ million for the year. What amount of loss should Sox report on its income statement for $2024$ relative to its investment in Hack?

Multiple Choice

$$1,115,000$

$$1,650,000$

$$1,925,000$

$$2,195,000$