On January 1, 2011, Rider Corporation purchased 40% of the outstanding stock of Arapahoe Corporation for $770,000. Net income reported by Arapahoe Corporation for 2011 was $120,000. Dividends paid by Arapahoe Corporation during 2011 were $70,000. At the end of the year the market value of the Arapahoe Corporation stock was $795,000. The amount of investment revenue that Rider should recognize for 2011 is: