9. Tamkang company has an investment in 30% of shares of SC corporation. At the beginning of
year 1, the carrying amounts of investments using equity method are $40,000. SC company
reports a net loss of S200,000 for year I and a net income of $50,000 for year 2. How much of
Equity Investment Income for Tamkang Company should recorded during year 2
(A) $0
(B)$5,000
(C) $15,000
(D) none of the above