Wilco acquires 35,000 of the 100,000 shares of Seminole Corporation on January 1, 2022, for $3,600,000. Seminole reports $1,000,000 of net income in 2022 and paid $100,000 in dividends. What amount will Wilco report for this investment on December 31,2022 ? $3,600,000 $315,000 $3,950,000 $3,915,000