Forest Company owns 40% of the common shares of Petal Incorporated. They purchased the shares at the beginning of the year for $350,000. The year end financial statements for Petal showed a loss of $50,000 and Flower also received dividends in the amount of $15,000. How much does Forest report on their income statement related to their investment in Petal for the year? Select answer from the options below loss of $50,000 income of $15,000 loss of $20,000 loss of $5,000