On Jan 2, 2001, Bor Inc bought 15% of Cl company's common stock for $60,000 and classified it as available-for-sale securities. Cl's net income for the year ended December 31, 2001 and 2002 were $20,000 and $10,000 respectively. During 2002, Cl declared a dividend of $140,000. No dividends were declared in 2001. On December 31, 2002, the fair value of the Cl common stock owned by Boris had increased to $90,000. How much should Bor show on its 2002 income statement as income from this investment?