On January $1,2018,$ Deuce Inc. acquired $15\%$ of Wiz Co$.\text{'}$s outstanding common stock for $$62,400$ and categorized the investment as an available$-$for$-$sale security. Wiz earned net income of $$96,000$ in $2018$ and paid dividends of $$36,000.$ On January $1,2019,$ Deuce bought an additional $10\%$ of Wiz for $$54,000.$ This second purchase gave Deuce the ability to significantly influence the decision making of Wiz. During $2019,$ Wiz earned $$120,000$ and paid $$48,000$ in dividends. As of December $31,2019,$ Wiz reported a net book value of $$468,000.$ For both purchases, Deuce concluded that Wiz Co$.\text{'}$s book values approximated fair values and attributed any excess cost to goodwill.

What amount of equity income should Deuce have reported for $2019?$

$$18,000.$

$$16,420.$

$$38,340.$

$$27,360.$

$$32,840.$