In 2010, Neil Company held the following investments in common stock:    • 25,000 shares of B&K Inc

In 2010, Neil Company held the following investments in common stock:

•

25,000 shares of B&K Inc.’s 100,000 outstanding shares. Neil’s level of ownership gives it the ability to exercise significant influence over the financial and operating policies of B&K.

•

6,000 shares of Amal Corporation’s 309,000 outstanding shares.

During 2010, Neil received the following distributions from its common stock investments:

  November 6

$30,000 cash dividend from B&K

  November 11

$1,500 cash dividend from Amal

  December 26

3 percent common stock dividend from Amal

The closing price of this stock was $115 per share.

What amount of dividend revenue should Neil report for 2010?