Equity method of accounting with intercompany inventory transactions

An investor company owns $25\%$ of the common stock of an investee company. The investor has significant influence over the investee, and acquired its equity interest in the investee on January $1,202$ $$1,323,000.$ On the date of acquisition, the investee's stockholders' equity was $$5,292,000$ and the fair values of the investee's individual net assets were equal to their reported book values. During the ended December $31,2021,$ the investee reported net income of $$126,000$ and dividends of $$25,200.$ During the year ended December $31,2022,$ the investee reported net income of $$151,200$ and divide of $$37,800$ The investor routinely sells inventory to the investee at a $30\%$ profit margin. At December $31,2021$ and $2022,$ the investee held inventories purchased from the investor for $$75,600$ and $$100,$ respectively. $($All of these inventories on hand at the end of the year are sold by the investee to unaffiliated companies in the next period.$)$

What amount of investment income from the investee did the investor recognize during the year ended December $31,2022?$

Select one:

a$.$ $$39,690$

b$.$ $$35,910$

c$.$ $$43,470$

d$.$ $$37,800$