For which of the following situations would a cash flow hedge be most appropriate? O A. A company has a receivable and enters into an interest rate swap to hedge the position. B. A company has an adjustable-rate note payable and enters into an interest rate swap to pay a fixed rate. O C. A company with crude oil inventory is concerned about declining prices and enters into a futures contract. D. A company believes that crude oil prices will increase and enters into a futures contract to profit from the changes. On January 2, 20X4, Crawford Co. purchased 15% of Cobb, Inc.'s outstanding common shares for $600,000. Crawford owned zero shares of Cobb before this purchase. Crawford is Cobb's largest supplier and upon purchase owns 25% of the Cobb's voting stock, the largest portion of Cobb's voting stock held by any one entity or voting bloc. Cobb reported net income of $400,000 for 20X4, and paid dividends of $100,000. Crawford does not elect the fair value option to report its investment in Cobb. In its December 31, 20X4 balance sheet, what amount should Crawford report as investment in Cobb? O A. $670,000 O B. $645,000 O C. $585,000 D. $600,000