Gant Company purchased 30 percent of the outstanding shares of Temp Company for $81,000 on January 1, 20X6. The following results are reported for Temp Company:

	20X6			20X7			20X8
Net income	$	42,000		$	37,000		$	62,000
Dividends paid		15,000			30,000			20,000
Fair value of shares held by Gant:
January 1		81,000			100,000			97,000
December 31		100,000			97,000			108,000

Required:

Determine the amounts reported by Gant as income from its investment in Temp for each year and the balance in Gants investment in Temp at the end of each year assuming that Gant uses the following methods in accounting for its investment in Temp:

A. Cost Method

B. Equity Method

C. Fair Value Method