7.Temple company has a 19% holding in Tipple corporation. Temple also exchanges management with Tipple on a regular basis. Temple holds 2 of Tipples 6 board seats. The remaining seats are held by independent directors. Temple is Tipples largest customer, buying 24% of Tipples ouput, and accounting for 22% of Tipples revenue. The remainder of Tipples shareholders own less than 5% of Tipples capital, except for one who owns 30%. Is Tipple an investment of Temples or does Temple have significant influence or control? Should Temple consolidate Tipple, equity account it or simply account for it as an investment?