Matthew, Inc. owns 30 percent of the outstanding stock of Lindman Company and has the ability to significantly infuence the investee's operations and decision making. On January 1, 2021, the balance in the investment in Lindman account is $385, 000 . Amortization associated with this acquisition is $17,500 per year. In 2021, Lindman earns an income of $115,500 and deciares cash dividends of $38,500. Previously, in 2020, Lindman had sold inventory costing $32,800 to Matthew for $41,000. Matthew consumed: all but 30 percent of this merchandise during 2020 and used the rest during 2021. Lindman sold odditional inventory costing 545.600 to Matthew for $60,000 in 2021. Matthew did not consume 40 percent of these 2021 purchases from Lindman unti) 2022 a. What amount of equity method income would Matthew recognize in 2021 from its ownersho interest in Lindinan? b. What is the equity method balance in the investment in Lindinan account at the end of 2021