On February 1 . Jewel Company buys 7600 shares of Marcelo Coro. common stock ? $28.59 per snare plus o brokeroge fee of $425. The stock ls cassified as ovollable or "le securities. This Is the company's r 10nd Only Invest mert ln avallable-for-sole securties. On March 15, Marcelo Corp. declares dlvidend of $121 per shore psyable to stockholders of record on April 15. Jewel Compony recelved the divldend on April 15 and ultimately sells half of the Marcelo Corp. stock on November 17 of the current year o 29.36 per share less brokerage fee of $280. The fir value of the remaining shares is $29.56 oer share. The impect on Jewel's net income asa result of lts Investment in Marcelo Corp. wes on Round your Intermediate doller velues to the nearest doller amount) Mutlple Choice Increase to income of $1.630 Decrease to income of 9,196 Increese to Income of $6,355 Decrease to Income of $2434 Increece to Income of $3,474