Barcelona Company Owns 40% Interest in the Stock of ABX

Short Answer

Barcelona Company owns 40% interest in the stock of ABX Corporation. During the year, ABX pays $20,000 in dividends to Barcelona, and reports $150,000 in net income. Barcelona Company's investment in ABX will increase Barcelona net income by
A) $52,000.
B) $60,000.
C) $52,000.
D) $8,000.