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TM Corp. and CC Co. have a 60% and 40% interest, respectively, in Trademark Inc., a JV. Trademark's net income was $300,000 for Year 19.

TM Corp. and CC Co. have a 60% and 40% interest, respectively, in Trademark Inc., a JV. Trademark's net income was $300,000 for Year 19. During Year 19, TM sold $10,000 of goods to Trademark and earned profit of $1,500 on these sales. Trademark has 40% of this inventory remaining at its December 31 year-end date. All companies report under IFRS.

What amount of investment income would TM report on its December 31, Year 19, SCI?

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