2 years ago SailboatSally bought a 10% interest in SoundsGoodMarinas for $3,000,000. At the last reporting date the value of the shares was $3,500,000, and the FV-Adjustment for these shares is currently recorded as $500,000. Today SailboatSally an additional 20% interest in SoundsGood Marinas' common stock for $8,000,000 cash. There is no excess cost basis associated with this investment. SailboatSally will [ Select ] the accounting method she has used until today for the SoundsGood Marina investment. Recording the additional investment [Select] require SailboatSally to record an Unrealized Gain on the original 10% investment and an increase to the FV Adjustment account. GAAP requires that from this point forward SailboatSally 1 Select V adjust the investment to fair value at each reporting date. After the entries are made SailboatSally will go forward using the [ Select] unless her total ownership % of SoundsGoodMarina falls below 20%. 2 years ago SailboatSally bought a 10% interest in SoundsGoodMarinas for $3,000,000. At the last reporting date the value of the shares was $3,500,000, and the FV-Adjustment for these shares is currently recorded as $500,000. Today SailboatSally an additional 20% interest in SoundsGood Marinas' common stock for $8,000,000 cash. There is no excess cost basis associated with this investment. the accounting method she has used SailboatSally will (Select] [ Select] until today for the be required to change not be required to change investment [ Sel have the choice to change nt. Recording the additional re SailboatSally to record an Unrealized Gain on the original 10% investment and an increase to the FV Adjustment account. GAAP requires that from this point forward SailboatSally [ Select] V adjust the investment to fair value at each reporting date. After the entries are made SailboatSally will go forward using the [ Select ] unless her total ownership % of SoundsGoodMarina falls below 20%. 2 years ago SailboatSally bought a 10% interest in SoundsGoodMarinas for $3,000,000. At the last reporting date the value of the shares was $3,500,000 , and the FV-Adjustment for these shares is currently recorded as $500,000. Today SailboatSally an additional 20% interest in SoundsGoodMarinas' common stock for $8,000,000 cash. There is no excess cost basis associated with this investment. SailboatSally will [Select] the accounting method she has used until today for the SoundsGood Marina investment. Recording the additional investment [Select] require SailboatSally to record an Select Unrealized will account. G) will not nent and an increase to the FV Adjustment ht forward SailboatSally | Select ] adjust the investment to fair value at each reporting date. After the entries are made SailboatSally will go forward using the [ Select] unless her total ownership % of SoundsGoodMarina falls below 20%. 2 years ago SailboatSally bought a 10% interest in SoundsGoodMarinas for $3,000,000. At the last reporting date the value of the shares was $3,500,000 , and the FV-Adjustment for these shares is currently recorded as $500,000. Today SailboatSally an additional 20% interest in SoundsGoodMarinas' common stock for $8,000,000 cash. There is no excess cost basis associated with this investment. SailboatSally will [Select] the accounting method she has used until today for the SoundsGood Marina investment. Recording the additional investment [ [ Select] V require SailboatSally to record an Unrealized Gain on the original 10% investment and an increase to the FV Adjustment his account. GAAP requires that from this point forward SailboatSally [ Select] adjust the investment to fair value at each reporting [ Select) will not will le SailboatSally will go forward using the unless her total ownership % of SoundsGoodMarina falls below 20%. 2 years ago SailboatSally bought a 10% interest in SoundsGoodMarinas for $3,000,000. At the last reporting date the value of the shares was $3,500,000 , and the FV-Adjustment for these shares is currently recorded as $500,000. Today SailboatSally an additional 20% interest in SoundsGood Marinas' common stock for $8,000,000 cash. There is no excess cost basis associated with this investment. V SailboatSally will [ Select] the accounting method she has used until today for the SoundsGoodMarina investment. Recording the additional investment [Select] V require SailboatSally to record an Unrealized Gain on the original 10% investment and an increase to the FV Adjustment account. GAAP requires that from this point forward SailboatSally [ Select ] adjust the investment to fair value at each reporting date. After the entries are made SailboatSally will go forward using the of SoundsGoodMarina [ Select] unless her total ownership [ Select) equity method of accounting fair value through net income method of accounting After recording all of the necessary entries for her additional investment today, SailboatSally's Investment in SoundsGood Marina account will have a balance of how much? (use whole dollars without using dollar signs)