Cullumber, Inc. acquired 40% of Vaughn Corporation's voting stock on January 1, 2021 for $1010000. During 2021, Vaughn earned $403000 and paid dividends of $252000. Cullumber's 40% interest in Vaughn gives Cullumber the ability to exercise significant influence over Vaughn's operating and financial policies. During 2022, Vaughn earned $503000 and paid cash dividends of $152000 on April 1 and $152000 on October 1. On July 1, 2022, Cullumber sold half of its stock in Vaughn for $663000 cash. Before income taxes, what amount should Cullumber include in its 2021 income statement as a result of the investment? $161200. $252000. $403000. $100800