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A company made an initial investment of $576.000 for 20% of another company. Use the intormatian below to fsi in the values below comparing the

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A company made an initial investment of $576.000 for 20% of another company. Use the intormatian below to fsi in the values below comparing the fair-value and equity methods. Fair-Value Method income Reported Change to Investment Account Equity Method Income Reported Equity Method Income Reported Change to Investment Account What is the balance in the investment account at the end of 2024? Fair Value Method Equity Method If the investor were to increase their investment to 25% on 1/1/2025 when the fair value of the investee totals 3,000,000, what would the journal entry be to record the additiolpal investment if they paid cash? DR CR Comparing the methods in the previous problem, which method of accounting (fair value or equity producm a higher investment balance recognized by the investor? Why is this

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