On January 1, 20X6, Percy Co. bought 2,000 shares of Bowler Inc. for $37.00 per share and reported this purchase as an investment at FVPL. On June 30, 20X6, Bowler declared a dividend of $1.40 per share payable on July 5, 20X6. On December 31, 20X6, Bowler declared a dividend of $1.50 per share payable on January 5, 20X7. On December 31, 20X6, the market value of Bowler shares was $39.00 per share. What income will Percy report on its December 31, 20X6, statement of comprehensive income, pertaining to its investment in Bowler?

a) $4,000

b) $5,800

c) $6,800

d) $9,800