Company A purchased a certain number of Company B's outstanding voting shares at $20 per share as a long term investment. Company B had outstanding 20,000 shares of 410 par value stock. Complete the following table relating to the measurement and reporting by Company A after acquisition of the shares of Company B stock. Fair Value Equity Method Method A. What level of ownership by Company A of Company B is required to apply the method? ?% ?% ***For B, e, F, and g assume the following: Number of shares acquired of Company B stock 2,500 7,000 Net income reported by Company B in first year 59,000 59.000 Dividends declared by Company B in first year 12,000 12,000 Market price at end of first year, Company B stock 17 17 B. At acquisition, the investment account on the books of Company A should be debited at what amount? C. When should Company A recognize revenue earned on the stock of Company B? Explanation required. D. After the acquisition date, how should Company A change the balance of the investment account with respect to the stock owned in Company B (other than for disposal of the investment)? Explanation required. E. What is the balance in the investment account on the balance sheet of Company A at the end of the first year? F. What amount of revenue from the investment in Company B should Company A report at the end of the first year? G. What amount of unrealized loss should Company A report at the end of the first year?