Question 27 On January 1, 2020 Taylor Inc purchased 15,000 of the 100,000 outstanding hares of common stock of Swanson Company for $2 per share. The records of Swanson Company reported the following on December 31, 2020: Net Income $550,000 Dividends declared and paid 560.000 Market price per share $44 Taylor Inc. should report total income from the investment on its income statement in the amount of