Sox Corporation purchased a 40\% interest in Hack Corporation for $2,000,000 on January 1, 2024. On November 1, 2024, Hack declared and paid $3.0 million in dividends. On December 31, Hack reported a net loss of $5.6 million for the year. What amount of loss should Sox report on its income statement for 2024 relative to its investment in Hack? Multiple Choice $800,000 $2,240,000 $2,000,000 $2,300,000