Staircase Corp. purchased a 40% interest in Aspect Inc. on July 1, 2XX0. On September 23, 2XX0, Aspect paid dividends of $60,000 to its common stockholders. The investee reported 2XX0 net income of $180,000, which was earned evenly throughout the year. What amount of Equity Income should Staircase report in its 2XX0 income statement?