Peace Company issued common shares with a par value of $$52,000$ and a market value of $$161,700$ in exchange for $30$ percent. ownership of Symbol Corporation on January $1,20$X$2.$ Symbol reported the following balances on that date:

$\backslash$table$[[,\backslash$table$[[$SYMBOL CORPORATION$],[$Balance Sheet$],[$January $1,20$X$2]],,],[,,,],[$Assets$,$Book Value,Fair Value,$],[$Cash$,54,000,$$$54,000,],[$Accounts Receivable,$86,000,86,000,],[$Inventory $($FIFO basis$),130,000,160,000,],[$Land$,57,000,72,000,],[$Buildings & Equipment,$504,000,320,000,],[$Less: Accumulated Depreciation,$(244,000),,],[$Patent$,,26,000,],[$Total Assets,$$587,000,$$$718,000,],[$Liabilities & Equities,$$29,000,$$$29,000,],[$Accounts Payable,$150,000,150,000,],[$Bonds Payable,$148,000,,],[$Common Stock,$12,000,,],[$Additional Paid$-$In Capital,$248,000,,],[$Retained Earnings,$$587,000,,],[$Total Liabilities & Equities,,,$]]$

The estimated economic life of the patents held by Symbol is $4$ years. The buildings and equipment are expected to last $6$ more years on average. Symbol paid dividends of $$14,000$ during $202$ and reported net income of $$82,000$ for the year.

Required:

Compute the amount of investment income $($loss$)$ reported by Peace from its investment in Symbol for $202$ and the balance in the investment account on December $31,202,$ assuming the equity method is used in accounting for the investment.

Note: If a loss occurs, enter the amount as a negative number.