Exercise 17-19 Presented below is information related to the purchases of common stock by Coronado Company during 2017. Cost Fair Value (at purchase date) (at December 31) $68,000 Investment in Arroyo Company stock Investment in Lee Corporation stock Investment in Woods Inc. stock $90,000 252,000 184,000 $526,000 Total Assume a zero balance for any Fair Value Adjustment account.) (a) What entry would Coronado make at December 31, 2017, to record the investment in Arroyo Company stock if it chooses to report this (b) What entry would Coronado make at December 31, 2017, to record the investments in the Lee and Woods corporations, assuming that (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No $568,000 security using the fair value option? Coronado did not select the fair value option for these investments? Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit