On January 2, 2022 Page Corp. invested $2,326,500 in Foress Inc. for 25% of its outstanding common shares. Page exercises significant influence over Foress. Both companies have calendar year ends. Foress pays out 10% of its net income in dividends each year. During 2022. Page received a cash dividend of $94,000 from Foress Inc. On January 2, 2022 Page Corp. invested $2,326,500 in Foress Inc. for 25% of its outstanding common shares. Page exercises significant influence over Foress. Both companies have calendar year ends. Foress pays out 10% of its net income in dividends each year. During 2022. Page received a cash dividend of $94,000 from Foress Inc