On January 1, 2018, Big Corp purchased 30% of the outstanding common shares of Little Corp for $60,000 when the net assets were valued at $200,000. During 2018 Little Corp earned $80,000 and declared a dividend of $40,000. Big accounted for the investment using the equity method. The market value of Little's stock at the end of 2018 was $500,000. For 2018, with respect to this investment, Big would report income from affiliate of $12,000 $24,000 $40,000 $80,000