On January 2, 2020, Bronson Corporation purchased a 30% interest in Martinez, Inc. for $500,000. Fair values of Martinez's net assets equaled book values except for equipment undervalued by $100,000. The equipment had a 10-year remaining life. During 2020, Martinez reported net income of $150,000 and paid dividends of $40,000. What is Bronson's Equity Income for 2020? A. $15,000 B. $12,000 C. $42,000 D. $30,000