Big bought 25% of Little on Day 1, Year 1, for $200 million. During the year, Big's share of Little's dividends was $10 million. Big's share of Little's income was $30 million. Big's share of the amortization of the excess value of certain fixed assets as of the acquisition date $1 million. Under the equity method, the ending balance in the investment in Little account on Big's books should be: $200 million $219 million $220 million $230 million QUESTION 8 True/False: GAAP allows companies that have significant influence over investees an option to use the fair value method for investments where the fair value is readily determinable. True False QUESTION 9 Assume Large bought 25% of Small in Year 1 at a cost of $10 million. Since that date, Small has lost a total of $100 million, and has never declared a dividend. Large uses the equity method of accounting for this investment. What should the balance be in the Investment in Small account on Large's books? Negative $25 million Negative $15 million Zero $10 million