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10. Invest Company owns 30 percent of Ali Corporation. During the year, Ali had net earnings of $200,000 and paid dividends of $18,000. Invest

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10. Invest Company owns 30 percent of Ali Corporation. During the year, Ali had net earnings of $200,000 and paid dividends of $18,000. Invest mistakenly recorded these transactions using the cost method rather than the equity method. What effect would this have on the investment account, net earnings, and retained earnings, respectively? * (2 Points) Understate, overstate, overstate Overstate, understate, understate Overstate, overstate, overstate Understate, understate understate

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