Sandhill Corporation purchased 30,000 shares of common stock of the Sherman Corporation for $36 per share on January 2, 2020. Sherman Corporation had 100,000 shares of common stock outstanding during 2021, paid cash dividends of $146000 during 2021, and reported net income of $460000 for 2021. Sandhill Corporation should report revenue from investment for 2021 in the amount of $142600 a. $156000. $140400. . $138000