2. Sure Win incorporated has given you the following information regarding their investment portfolio. Jan. 3....

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2. Sure Win incorporated has given you the following information regarding their investment portfolio. Jan. 3. Obtained significant influence in Quick Draw Inc. by purchasing 30,000 of the 100,000 shares outstanding, directly from the Gaming Board for $675,000. Brokerage fees and stamp duty amounted to $6,000 on the purchase. Dec. 15. Quick Draw declared and paid a dividend of $60,000 to its stock holders of record. Dec. 31.Quick Draw reported a net income of $210,000 for the accounting year ended December 31, 2021. Required: Calculate the value of investments held by Sure Win that must be reported in their books of accounts. (The equity method of valuation of investment is to be used.) (5 Points) 2. Sure Win incorporated has given you the following information regarding their investment portfolio. Jan. 3. Obtained significant influence in Quick Draw Inc. by purchasing 30,000 of the 100,000 shares outstanding, directly from the Gaming Board for $675,000. Brokerage fees and stamp duty amounted to $6,000 on the purchase. Dec. 15. Quick Draw declared and paid a dividend of $60,000 to its stock holders of record. Dec. 31.Quick Draw reported a net income of $210,000 for the accounting year ended December 31, 2021. Required: Calculate the value of investments held by Sure Win that must be reported in their books of accounts. (The equity method of valuation of investment is to be used.) (5 Points)