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Blanco Co. received dividends from its common stock investments during the year ended December 31...

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Accounting

Blanco Co. received dividends from its common stock investments during the year ended December 31 as follows:
A cash dividend totaling $15,000 from its trading security investment in Fisher Corporation, when the market price of Fisher's shares was $20 per share
A cash dividend of $10,000 from Myler Corp. in which Blanco Co. owns a 32% interest
How much dividend income should Blanco report in its income statement?
Select one:
$25,000
$15,000
$10,000
$0
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