all has to be answered in full order to be correct
On January 1, Aivah Company purchased 2,000 common shares (25%) of Maywood Corporation as a long-term Investment for $220,000. Later in the year, Maywood paid $20,000 in total cash dividends on December 15 and reported net income of $68,000 the year ended December 31. Determine the amount reported as an equity method investment on Alvah's December 31 balance sh Investment acquisition Less: Dividends Plus: Earnings Balance $ 0 MESUUIIS Visplayeu welow. On December 31, Mars Company had the following portfolio of stock Investments with insignificant influence. Mars had no stock investments in prior periods. Stock Investments Apple stock Chipotle stock Under Armour stock Cost $ 5,400 4,400 11,500 Fair Value $ 3,200 1,000 13,000 1. After the fair value adjustment is made, prepare the assets section of Mars Company's December 31 classified balance sheet. Assume Mars plans to sell its stock investments within the next six months. 2. In which income statement section is the unrealized gain (or loss) on the portfolio of stock investments reported? Answer is not complete. Complete this question by entering your answers in the tabs below. The following information shows Carperk Company's individual investments in securities during its current year, along with the December 31 fair values. a. Investment in Brava Company bonds: $470,850 cost: $511,814 fair value. Carperk intends to hold these bonds until they mature in 5 years. b. Investment in Baybridge common stock: 29,500 shares: $374,326 cost; $406,892 fair value. Carperk owns 32% of Baybridge's voting stock and has a significant influence over Baybridge, c. Investment in Duffa bonds: $193,049 cost; $208,107 folr value. This investment is not readily marketable and is not classified as held-to-maturity or trading. d. Investment in Newton notes: $107,354 cost; $105,529 fair value, Newton notes are not readily marketable and are not classified as held-to-maturity or trading. e. Investment in Farmers common stock: 16,300 shares; $117713 cost: $125,011 fair value. This stock is marketable, and Carperk Intends to sell it within the year. This stock investment results in Carperk having an insignificant influence over Farmers. Required: 1. Identify whether each investment should be classified as a short-term or long-term Investment. For each investment indicate in which of the six investment classifications it should be placed. 2. Prepare a journal entry dated December 31 to record the fair value adjustment for the portfolio of available for sale debt securities. Carperk had no available for sale debt securities prior to this year
