(b) Assume that Pender uses the cost method. (i) Prepare all journal entries necessary to account for Pender's investment for Year 6. (ii) Determine the correct balance in Pender's investment account at December 31, Year 6. (iii) Prepare an income statement for Pender for Year 6. (c) Which reporting method would Pender want to use if its bias is to report the highest possible return on investment to users of its nancial statements? Briey explain and show supporting calculations