IFRS questions

On January 1, 2013, Rose Corporation purchased 25% of the outstanding shares of Jasmine Corporation at cost of $ 150,000. No purchase price discrepancy/fair value adjustment arose in relation to the purchase. During the next two fiscal years, Jasmine reported net income and dividends as follows :-

yearNet incomedividendsfair value of investment

2013$40,000$ 30,000$ 180,000

201430,00040,000160,000

Required

What income/gains and losses will Rose report from its investment in Jasmine in its net information continuing operations and other comprehensive income for 2003 and 2004 respectively, and what would the balance be in the Jasmine account at the end of fiscal year 2004, assuming that the investment is recorded and reported :

A.Under the cost method?

B.As a FVTPL investment?

C.As a FVTOCI investment?

D.Under the equity method?