Anderson acquires $10$ percent of the outstanding voting shares of Barringer on January $1,2013,$ for $$92,000$ and categorizes the investment as an available$-$for$-$sale security. An additional $20$ percent of the stock is purchased on January $1,2014,$ for $$210,000,$ which gives Anderson the ability to significantly influence Barringer. Barringer has a book value of $$800,000$ at January $1,2013,$ and records net income of $$180,000$ for that year. Barringer declared and paid dividends of $$80,000$ during $2013.$ The book values of Barringer$$s asset and liability accounts are considered as equal to fair values except for a copyright whose value accounted for Anderson$$s excess cost in each purchase. The copyright had a remaining life of $16$ years at January $1,2013.$

Barringer reported $$210,000$ of net income during $2014$ and $$230,000$ in $2015.$ Dividends of $$100,000$ are declared and paid in each of these years. Anderson uses the equity method.

Please answer the following

On its $2015$ comparative income statements, how much income would anderson report for $2013$ and $2014$ in connection with the companies investment in barringer

If Anderson sells its entire investment in barringer on jan $12016$ for $400,000$ cash what is the impact in anderson income?

Assume that Anderson sells inventory to barringer during $2014$ and $2015$ as follows:

Year cost to anderson price to barringer yr end balance

$2014350005000020000($sold in following yr$)$

$2015330006000040000($sold in following yr$)$

What amount of equity income should anderson recognize for the year $2015?$