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Cayman Inc. bought 25% of Maya Company on January 1,2022 for $800,000. The equity method of accounting was used. The book value and fair value of the net assets of Maya on that date were $2,100,000. Maya began supplying inventory to Cayman as follows: Year Cost to Maya Transfer PriceAmount Held by Cayman at Year-End Maya reported net income of $100,000 in 2022 and $120,000 in 2023 while paying $40,000 in dividends each year. What is equity in Maya income that should be recognized by Cayman in 2023? 4. $25000 b. $26,700 d. 531300 e $30,000