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. Barringers declared and paid dividends of $80,000 for 2013. The book values of Barringers asset and liability accounts are considered as equal to fair values except ofr 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 year. Anderson uses the equity method. On its 2015 comparative income statements how much income would Anderson report for 2013 and 2014 in connection with the companys investment in Barringer? If Anderson sells the entire investment in Barringer on January 1, 2016 for $400,000 cash what is the impact on Andersons income? Assume that Anderson sells inventory to Barringer during 2014 and 2015 as follows: 2014 cost to Anderson 35,000 price to barringer $50,000 year end balance at transfer price 20,000 sold in following year 2015 cost to Anderson 33,000 price to barringer 60,000 40,000 year end balance at transfer price of sold in following year