I am looking for help with this general accounting question using proper accounting standards.

On January 1, 2015, Greenwood Industries purchased 30% of the voting common stock of Silverstone Company for $1,800,000, which approximated book value. During 2015, Silverstone paid dividends of $25,000 and reported a net income of $100,000. What amount of equity Income would Greenwood recognize in 2015 from its ownership interest in Silverstone