Sports Spectacular purchased 1,900 shares of stock in The Athletic Warehouse for $30 per share. The investment is properly recorded 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 Spectacular's net income under the equity method? O No effect Increase net income by $57,000. O Increase net income by $60,800. OIncrease net income by $3,800