content area top Part 1 Sandford Corp. has a new accounting co-op student who heard that the accounting for equity investments changes with the amount of shares held. The student needs to know the accounting differences between two different scenarios and how Sandford Corp. should record the transaction and balances if it owns different amounts of Harold Ltd. shares as a long-term investment. Harold Ltd. has a total of 55 comma 000 shares outstanding. Option A is to purchase 7 comma 700 shares. Option B is to purchase 16 comma 500 shares. Answer the following for each option