32) Match the number for the level of stock ownership that most frequently relates to each concept listed below. CONCEPT NUMBER STOCK OWNERSHIP PERCENTAGE 1. Less than 20% 2. 20%-50% 3. More than 50% The investor can significantly influence, but not control, the investee's operating and financial policies. The reporting of the investment depends on whether there is a readily determinable fair value for it. The investment is reported at cost, adjusted for subsequent growth in the investee. The investment is reported at fair value. Financial statements are combined as if for a single company. The investor controls the investee. Unrealized holding gains and losses are recorded at each reporting date. The investee is a subsidiary of the investor. Assets and liabilities of the investee are combined with those of the investor for reporting purposes. The investor does not include an investment account for the investee in the balance sheet