15 pts 2 of 20 complete) me beginning balance sheet of Ramon Corporation induded folowing Equity method Investment in LPc senware 610000 1. Record the transactors in journal Ramon Corporation. Ramon Corporason completed following investment transactor during theyear 2 Post entries to the Taocourt or Click the icon to view list of transactions) Equitymethod investment in LPC sohwara, and determine its balance Deoember AL year-end, the fair values of Ramon Corporation's investments are asfolows Litteton, S30,000 LPC,$7s1A00 3 Show how to neport the Investment in Awalable Mor-sale Seourises and Read the tegurements. in LPC Soh acoounts on Ramon Corporation's balance sheet at December 11. Req ement the the Ramon Rooord debts snt ten credits Exclu allowance account to adjust available-for-sale investments value) Pant Done Begin by recording the purchase ofthe investment in March. More Info Purchased 2.000 shares of Litleton, inc common stock at a longterm available for sale investment, paying S12.00 per 21 Received cash dividend of S125 per shame onthe Liteton Aug 17 Received cash dividend of $80,000 from LPC Sotware Now record the receipt of cash dividends from the Littelon investment Received annual reports from LPC software net income for Dec 3 year was $550,000 of this amount Ramon's proporion Choose from any list or enter any number in the iput fields andthen continue1o the next question MacBook Air This Testa 200 pts possble