On January 2, Year 9, Investor Co. purchased 30% of Investee, Inc.'s outstanding common shares for $400,000, which is equal to the Investor's share of the fair value of the Investee net assets. Investor Co. acquired significant influence as a result of this transaction and accounts for the investment under the equity method because Investor Co. does not elect the fair value option to report its investment in Investee Inc. For Year 9 Investee Inc. reported total net income of $500,000 and paid total dividends of $150,000. Please answer the questions below. Show supporting calculations below each question. 2. What amount of the dividends received from Investee Inc. by Investor Co. should Investor Co. recognize as "income" in Year 9? [Hint: write out the journal entry and look at the types of accounts involved. Are any of the accounts revenue accounts?] $