CALCULATOR PRINTER VERSION BACK NEXT Fill in the dollar changes caused in the Investment account and Dividend Revenue or Investment Revenue account by each of the following transactions, assuming Pharoah Company uses (a) the fair value method and (b) the equity method for accounting for its investments in Nash's Company. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e... (45). Do not leave any answer field blank. Enter o for amounts.) (a) Fair Value Method (b) Equity Method Transaction Investment Account Dividend Revenue Investment Account Investment Revenue 1. At the beginning of Year 1, Pharoah bought 30% of Nash's's common stock at its book value. Total book value of all Nash's's common stock was $750,000 on this date. 2. (a) During Year 1, Nash's reported $69,000 of net income. (b) During Year 1, Nash's paid $29,000 of dividends. 3. (a) During Year 2, Nash's reported $34,500 of net income. (b) During Year 2, Nash's paid $19,000 of dividends. 4. (a) During Year 3, Nash's reported a net loss of $9,000. (b) During Year 3, Nash's paid $4,000 of dividends. 5. Indicate the Year 3 ending balance in the Investment account, and cumulative totals for Years 1. 2, and 3 for dividend revenue and investment revenue arch O * E 2 Ado 8:34 AM 8/6/2020 hp