On April 1, 2024, BigBen Company acquired

35%

of the shares of LittleTick, Incorporated BigBen paid

$140,000

for the investment, which is

$52,000

more than

35%

of the book value of LittleTick's identifiable net assets. BigBen attributed

$12,400

of the

$52,000

difference to inventory that will be sold in the remainder of 2024 , and the rest to goodwill. LittleTick recognized a total of

$17,000

of net income for 2024 , and paid total dividends for the year of

$10,800

; these dividends were issued quarterly. BigBen's investment in LittleTick will affect BigBen's 2024 net income by:\ Note: Round your answer to nearest whole dollar amount.\ Multiple Choice\ earnings of

$2,901

.\ a loss of

$7,938

.\ earnings of

$4,463

.\ earnings of

$1,562

.

On April 1, 2024, BigBen Company acquired 35% of the shares of LittleTick, Incorporated BigBen paid $140,000 for the investment, which is $52,000 more than 35% of the book value of LittleTick's identifiable net assets. BigBen attributed $12,400 of the $52,000 difference to inventory that will be sold in the remainder of 2024 , and the rest to goodwill. LittleTick recognized a total of $17,000 of net income for 2024 , and paid total dividends for the year of $10,800; these dividends were issued quarterly. BigBen's investment in LittleTick will affect BigBen's 2024 net income by: Note: Round your answer to nearest whole dollar amount. Multiple Choice earnings of $2,901. a loss of $7,938. earnings of $4,463. earnings of $1,562