Gant Company purchased 20 percent of the outstanding shares of Temp Company for $76,000 on January 1, 20X6. The following results are reported for Temp Company: 20X6 $41,000 10,000 20x7 $36,000 28,000 20x8 $ 57,000 15,000 Net income Dividends paid Fair value of shares held by Gant: January 1 December 31 76,000 95,000 95,000 92,000 92,000 103,000 Required: Determine the amounts reported by Gant as income from its investment in Temp for each year and the balance in Gant's investment in Temp at the end of each year assuming that Gant uses the following options in accounting for its investment in Temp: a. Carries the investment at fair value. b. Uses the equity method. Complete this question by entering your answers in the tabs below. Required A Required B Determine the amounts reported by Gant as income from its investment in Temp for e investment in Temp at the end of each year assuming that Gant uses the fair value of Temp. 20X6 20X7 20X8 Income from investment Balance in investment Required A Required B > Complete this question by entering your answers in the tabs below. Required A Required B Determine the amounts reported by Gant as income from its investment in Temp for e investment in Temp at the end of each year assuming that Gant uses the equity meth Temp. 20X6 20X7 20X8 Income from investment Balance in investment