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14) On January 1, year 1, firm ABC bought 25% of the common stock of FXC for $304,000 cash. At the date of acquisition, FXC's net assets had a fair value of $920,000. Their book value was $820,000. The difference was attributable equally to the buildings and its land. FXC's net income for year 1, was $152,000. During year 1, FXC paid dividend of $130,000. The buildings have a remaining life of 10 years. Required: What does ABC record as investment revenue from FXC in year 1