Entries for equity investments: 20%50% cwnership On January 6, 20Y8, Bulldog Co. purchased 29% of the outstanding common stock of $142,000. Gator Co. paid total dividends of $17,000 to all shareholders on June 30 20r8. Gator had a net loss of $27,000 for 20yB. Journalize Bulidog's purchase of the steck, recelpt of the dividendr, and the adjusting entry for the equity less in Gator Co. stock. b. Compute the balance of Investment in Gator Co, Stock oo December 31, 20rbs c. How does valuing an imveturient under the eevity method d ffer from valuing an investment at fair value? Under the method, the investor wit record their propertionate share of the net increase (or decrease) of the book value of the investee rerulting trom eamings and cividend distributions. The mhethod uses inmaet price indommation to value the investment in the investee