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3. Show how the long-term investment and the related revenue should be reported on the current year's financial statements (balance sheet and income statement) of

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3. Show how the long-term investment and the related revenue should be reported on the current year's financial statements (balance sheet and income statement) of the Gioia Company. (Round your intermediate percentage answer to 1 decimal place (For example, .129 should be 129%) ) GIOIA COMPANY Balance Sheet (partial) At December 31, Current Year ong-term investments GIOIA COMPANY Income Statement (partial) For the Current Year Ended December 31 3. Show how the long-term investment and the related revenue should be reported on the current year's financial statements (balance sheet and income statement) of the Gioia Company. (Round your intermediate percentage answer to 1 decimal place (For example, .129 should be 129%) ) GIOIA COMPANY Balance Sheet (partial) At December 31, Current Year ong-term investments GIOIA COMPANY Income Statement (partial) For the Current Year Ended December 31

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