Wells Enterprises received dividends from its common stock investments during the year ended December 31 as follows: A cash dividend totaling $60,000 from its trading security investment in Thomas Corporation, when the market price of Thomass shares was $30 per share. A cash dividend of $36,000 from Manzo Corp. in which Wells owns a 40% interest. How much dividend income should Wells report in its Income Statement?

A. $14,400

B. $60,000

C. $74,400

D. $96,000