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Following is a summary of the investments owned by Carla Corporation, as of January 1, 2020: Investment Percentage of Outstanding Shares Carlas Intention STG Corporation

Following is a summary of the investments owned by Carla Corporation, as of January 1, 2020:

Investment Percentage of Outstanding Shares Carlas Intention
STG Corporation 7% To be sold when prices increase
Brach Ltd. 33% Buy additional shares to achieve control of company. Carla has members on Brachs Board of Directors.
Raptor Inc. 2% To be sold when prices increase
CMP Ltd. 22% Hold indefinitely. Another company owns the remaining 78% of shares
Diloph Inc. 6% Hold indefinitely

During 2020, the various companies paid dividends at various times throughout the year, as follows:

Investment Carlas Share of Dividends
STG Corporation $ 6,770
Brach Ltd. 26,600
Raptor Inc. 2,730
CMP Ltd. 17,100
Diloph Inc.

5,170

Calculate the amount of dividend income to be shown on Carlas income statement for 2020.

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