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 24,000 shares of $12 par value stock For b, e, fand g assume the following Number of shares aoquired of Compary B stock Net income reported by Compey B in first yoar Dividends declared by Company B in first year Markot price at end of first year, Company B stock 3,000 61,000 S 81,000 17 17 Complete the following table relating to the measurement and reporting by Company A ator acqulisition of the shares of Company B stock. a. What level of ownership by Company A of Company B is required to apply the method? Fair value method Equity method b. At acquisition, the investment account on the books of Company A should be deoited ar winat amount? Fair value method Equity method A1127.1.zip 1127 1.jpg 1127 2.jpg peech ....docx1127 1 (1ipg MacBook Air 44 F