Complete this question by entering your answers in the tabs below. Required A Required B Determine the amounts reported by Gant as income from its investment in Temp for each year and the balance in Gant's investment in Temp at the end of each year assuming that Gant uses the equity method in accounting for its investment in Temp. Income from investment Balance in investment 20X6 20X7 20X8 < Required A Required B > Gant Company purchased 20 percent of the outstanding shares of Temp Company for $79,000 on January 1, 20X6. The following results are reported for Temp Company: 20X6 Net income $ 45,000 20X7 $ 40,000 20X8 $ 64,000 Dividends paid 13,000 26,000 18,000 Fair value of shares held by Gant: January 1 December 31 79,000 98,000 98,000 95,000 95,000 106,000 Required: Determine the amounts reported by Gant as income from its investment in Temp for each year and the balance in Gant's investment in Temp at the end of each year assuming that Gant uses the following options in accounting for its investment in Temp: a. Carries the investment at fair value. b. Uses the equity method. Complete this question by entering your answers in the tabs below. Required A Required B Determine the amounts reported by Gant as income from its investment in Temp for each year and the balance in Gant's investment in Temp at the end of each year assuming that Gant uses the fair value option in accounting for its investment in Temp. Income from investment Balance in investment 20X6 20X7 20X8 Required A Required B >