Entries for equity ifwestments: 20%50% ownership On January 6, 20Y8, Bulldog Co. purchased 25% of the outstanding common stock of $162,000. Gator Co. paid total dividends of $19,400 to all shareholders on June 30, 20Y8. Gator had a net loss of $32,400 for 20 Y 8 . a. Journalize Buldog's purchase of the stock, receipt of the dividends, and the adjusting entry for the equify loss in Gator Co. stock. b. Compute the balance of Investment in Gator Co. Stock on December 31, 20Y8, c. How does valuing an investment under the equity method differ from valuing an investment at fair value? Under the method, the investor will record their proportionate share of the net increase (or decrease) of the book value of the investee resulting from earnings and dividend distributions. The method uses market price information to value the investment in the investee