In Year 1, Neil Co. held the following investments in common stock: 25,000 shares of B & K, Inc.'s 100,000 outstanding shares. Neil's level of ownership gives it the ability to exercise significant influence over the financial and operating policies of B & K. 6,000 shares of Amal Corp.'s 309,000 outstanding shares. During Year 1, Neil received the following distributions from its common stock investments: November 6 - $30,000 cash dividend from B & K. November 11 - $1,500 cash dividend from Amal. December 26 - 3% common stock dividend from Amal. The closing price of this stock on a national exchange was $15 per share. What amount of dividend revenue should Neil report for Year 1? a. $34,200 b. $4,200 c. $31,500 d. $1.500