On January 2, 2020, Campbell, Inc. purchased a 20% interest in Renner Corp. for $2,000,000 cash. During 2020, Renner's net income was $2,500,000 and it paid dividends of $750,000. Campbell's 2020 income from Renner was:

Select one:

A. $350,000

B. $150,000

C. $650,000

D. $500,000