Sports international purchased 1,700 shares of stock in The Gaming Warehouse for $30 per share. The investment is properly tecorded using the equity method. By the end of the year, the stock price has increased to $32 per share. How would the change in stock price affect Sports international's net income under the equity method? Muatiple Choice Increase net income by 554,400 Increase net income by $51,000 increase net income by 53,400 No offect