$1.$ Equity Investments are sometimes referred to as $$one$-$line consolidations.$$ That means that the balance sheets of the investor and investee companies are combined, and that the Stockholders$$ Equity of the investor company is equal to that which would be obtained had the investor$$s$,$ and the investee$$s balance sheets been combined. It also means that the investor$$s income statement reports the same net income as would have been reported by a combination of the income statements of the investor and investee companies.

a$.$ How is the reporting of an Equity Investment like a consolidation