Fittine Gold Corp. owns equity method investments in several companies Suppose Fairine paid $21,000,000 to acquire a 40 percent investment in King Mine L. Further, um King Mineid, aported net income of $1,840,000 for the first year and declared and paid cash dividends of $825.000 Calculate the balance in the Investment in King Mine Ltd. Common Shares account Assume that her all the above transactions took place. Fairine Gold Corp sold entire investment in King Mine Lid common shares for $21.500.000. Joumate the sale of the investment Disregard broker commissions Calcite the balance in the investment in King Mine La Common Shares account. (Leave any unused cells blank) Investment in King Mine Ltd. Common Shares Baianos Joumain the sale of the wivestment Record debits first, then credits. Explanations are not required) Journal Entry Accounts Debit Credit