Duffy DogServices Ltd. acquired30% of the common shares of Bella Roma Ltd. on January 1, 2018, by paying $3,510,000for189,000shares. Bella Roma declared a $0.50-per-share cash dividend in each quarter that was received on March 15, June 15, September 15, and December 15. Bella Roma reported net income of $2,140,000for the year. At December 31, the market price of the Bella Roma shares was $18per share.

Prepare the journal entries forDuffy DogServices for 2018, assumingDuffy Dogcannot exercise significant influence over Bella Roma and uses the fair value through profit or loss model.(Credit account titles are automatically indented when the amount is entered.Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Prepare the journal entries forDuffy DogServices for 2018, assumingDuffy Dogcan exercise significant influence over Bella Roma and uses the equity method.(Credit account titles are automatically indented when the amount is entered.Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Prepare the journal entries forDuffy DogServices for 2018, assuming that the company reports under ASPE and has chosen to account for its investment using the cost model.(Credit account titles are automatically indented when the amount is entered.Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)