On January 1, Aivah Company purchased 2.000 common shares (25\%) of Maywood Corporation as a long-term investment for $220,000. Later in the year, Maywood paid $20,000 in total cash dividends on December 15 and reported net income of $68,000 for the year ended December 31. Determine the amount reported as an equity method investment on Aivah's December 31 balance sheet