Brief Exercise 16-08 Crane Corporation has the following long-term investments. (1) Common stock of Eidman Co. (10% ownership), cost $111,500, fair value $118,500. () Common stock of Plckerill Inc. (30% ownership), cost $211,500, equity $261,500. (3) Debt Investment, cost $101,500, fair value $161,500. Prepare the investments section of the balance sheet Crane Corporation Balance Sheet Investments Investment In Stock, at fair value Investment In Stock, at Equity Total Investments