Loeflier Company owns 35\% of the common stock of Tetter Company and uses the equity method to account for the investment. During 2023, Tetier reported income of $260,000 and paid dividends of $90,000. There is no amortivation associated with the investment. During 2023, how moch income stoould Loefler recognize related to this investment? $91,000 $90,000 $122,500 $31,500