United Inc. bought 30% of Arjent Corp. S' outstanding common stock on January 2 2022 for $600,000. The book value of Arjent' net assets at the purchase date totaled $1,500,000. The fair value of Arjent not assets at the purchase date totaled $1,580,000. The difference is attributable to the undervalued building (60,000) and inventory (20,000). The building has a remaining useful life of straight-line depreciation. All inventory was sold during 2022 During 2022 Argent reported net income of $100,000 and paid a $30,000 cash dividend there is no impairment of goodwill during 2022, Assume that United Inc. uses the equity method to account for this investment ten years no residual value. Both companies use what amount should United report in its income statement from its investment in Arjent for the year ended December 31, 2022? A) $20,000 B) 36,000 C) $22, 200 D) $ 32,000