Agani Financial paid $560,000 for a 30% investment in the common stock of Clipper, Inc. For the first year, Clipper reported net income of $290,000, and at year-end declared and paid cash dividends of $105,000. On the balance-sheet date, the fair value of Agani's investment in Clipper stock was $400,000. 1. Which method is appropriate for Agani to use in accounting for its investment in Clipper? Why? 2. Show everything that Agani would report for the investment and any investment revenue in its year-end financial statements