how do i do this On January 1, 2024 Kroll Corporation paid $2,290,000 for 35 percent of the outstanding voting stock of Sharon, Incorporated, and appropriately applied the equity method for its investment Any excess of cost over Sharon's book value was attributed to an indefinite lived asset During 2024, Sharon reports $720,000 in net income and a $100,000 other comprehensive income loss Sharon aiso declares and pays $20,000 in dividends Required o What amount should Kroll report as its Investment in Sharon on its December 31,2024 , balance sheet b What amount should Kroll report as Equity in Earnings of Shat on on its 2024 income statement

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how do i do this On January 1, 2024  Kroll Corporation paid $2,290,000 for 35 percent of the outstanding voting stock of Sharon, Incorporated, and appropriately applied the equity method for its investment  Any excess of cost over Sharon's book value was attributed to an indefinite lived asset  During 2024, Sharon reports $720,000 in net income and a $100,000 other comprehensive income loss  Sharon aiso declares and pays $20,000 in dividends  Required  o  What amount should Kroll report as its Investment in Sharon on its December 31,2024 , balance sheet  b  What amount should Kroll report as Equity in Earnings of Shat on on its 2024 income statement

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how do i do this On January 1, 2024. Kroll Corporation paid $2,290,000 for 35 percent of the outstanding voting stock of Sharon, Incorporated, and

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