The Higgins Corporation purchased 6,000 shares of common stock of the Barnett Corporation for $40 per share on January 2, 2014. The Barnett Corporation had 60,000 shares of common stock outstanding during 2014, paid cash dividends of $30,000 during 2014, and reported net income of $120,000 for 2014. The Higgins Corporation should report revenue from investment for 2014 in the amount of:
a. $3,000.
b. $9,000.
c. $12,000.
d. $15,000.