On Jan 1, 2020, Suzuki Corp. invests $2,000,000 to acquire 40% of the outstanding common stock of Dozier Corporation. During 2020, Dozier declares and paid $50,000 cash dividends (of which Suzuki received $20,000). The dividends are not reinvested in the stock portfolio. Dozier reports 2020 income of $200,000 on its (Doziers) 2020 income statement. The market value of the Dozier common stock owned by Suzuki decreases by $100,000 during the year. Suzuki uses the equity method to account for the Dozier Investment account.

How much income will Suzuki report in 2020 from its investment in Dozier

What is the dollar amount for these shares as disclosed on Suzukis December 31, 2020 balance sheet for its Investment in Dozier account