Auto Co. Purchased 10% of the common shares of Manual Co. on January 1, 2020, for $32,000 paid in cash. During 2020, Manual Co. earned net income of $6,000 and paid dividends 50% from net income to all shareholders. On December 31, 2020, the fair value of the investment in Manual Co. is $35,000. Required: 1) What is the evaluation method must be followed and why? (1 point) 21 journal entries in Auto Co. during 2020. (2 Points) Important Notes: Show all calculations. Layout of journal (Dote. Account. Amount Debit or Credit). Write each entry or required in a separate line. Use the editor to formot your