BuyCo holds 25 percent of the outstanding shares of Marqueen and appropriately

BuyCo holds 25 percent of the outstanding shares of Marqueen and appropriately applies the equity method of accounting. Excess cost
amortization (related to a patent) associated with this investment amounts to $10000 per year. For 2012 Marqueen reported earnings of
$100000 and pays cash dividends of $30000. During that year Marqueen acquired inventory for $50000 which it then sold to BuyCo for
$80000. At the end of 2012 BuyCo continued to hold merchandise with a transfer price of $32000.

What Equity in Investee Income should BuyCo report for 2012?