08. Use the information in question 6 and assume that the book values and fair values for all balance sheet items of EEC Company were the same on January 2, 2018 except for the plant facilities. The fair value exceeds the book value of plant facilities by $30 million and the estimated useful life of the plant facilities is 15 years. What is the journal entry for the adjustment of the depreciation of the investee's depreciable asset step-up, using the straight-line depreciation method? 800,000 Select one: O a. Investment Income 800,000 Equity Investments O b. Depreciation Expense 800,000 Accumulated Depreciation O c. Investment Income 2,000,000 Equity Investments O d. Depreciation Expense 2,000,000 Accumulated Depreciation 800,000 2,000,000 2,000,000 06. On January 2, 2018, Green Energy Corp. purchased 40% of the outstanding common shares of EEC Company for $500 million. At the date of purchase, the fair value of EEC net assets was $800 million. The book values and fair values for all balance sheet items of EEC Company were the same on January 2, 2018. EEC Company reported net income of $100 million for the year ended December 31, 2018 and paid a cash dividend of $20 million to all shares outstanding in 2018. Green Energy Corp. received $8 million cash dividend from EEC in 2018. Based on the above information, what is the journal entry to record Green Energy's 2018 investment revenue for its investment in EEC Company using the equity method? Select one: a Cash Investment Income O b. Equity Investments Investment Income Oc. Investments Receivable Investment Income O d. No entry needed. 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000