On January 1, 2020 Taylor Inc. purchased 15,000 of the 100,000 outstanding shares of common stock of Swanson Company for $42 per share. The records of Swanson Company reported the following on December 31, 2020: Net Income $450,000 Dividends declared and paid $50,000 Market price per share $45 Taylor Inc. should report total investment income on its income statement in the amount of