Homework: Chapter 15 Graded Homework Question 12, EF15-15 (similar to) Part 1 of 6 HW Score: 18.41%, 18.41 of 100 points O Points: 0 of 9 Save Suppose that on January 6, 2024, Southern Motors paid $240,000,000 for its 35% investment in Aero Motors. Southem has significant influence over Aero after the purchase. Assume Aero eamed net income of $100,000,000 and paid cash dividends of $50,000,000 to all outstanding stockholders during 2024, (Assume all outstanding stock is voting stock) Read the requirements Requirement 1. What method should Southem Motors use to account for the investment in Aero Motors? Give your reasoning Southern Motors should use the method to account for its investment in Aero Motors because the investment