On January 1, 2021 Pillow Corp. purchased 30% of Sleep's 10,000 outstanding shares of common stock for $25 per share. Although the acquisition was greater than 20%, Pillow was unable to exert significant influence on the operating and financial policies of Sleep. On December 30, 2021, Sleep paid $40,000 in dividends to its common stockholders. Sleep's net income for the year ended December 31, 2021, was $30,000, earned evenly throughout the year. Prior to adjusting for the fair value of Sleep, what amount of income should Pillow report related to its Investment in Sleep? $3,000 $9,000 O $12,000 $30,000