slove question

On 01-01-20, Butler, Inc. acquired 20% of Smith Company's common stock paying $2,300,000. Butler's 20% interest in Smith did not give Butler the ability to exercise any significant inuence over Smith's operating and financial policies. During 2020, Smith reported net income of $500,000 and distributed $60,000 of dividends to its shareholders. As of 12-31-20, the fair value of Butler's investment in Smith was $2,290,000. As a result of its investment in Smith, what amount of investment-related income will Butler report on its income statement for the year ended 12-31-20? $88,000 $2,000 $12,000 _ $100,000