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input in balance sheet and icome statement, be specific on what the assets, common stock earnings, revenues & gains, and etc shoukd be labled as

input in balance sheet and icome statement, be specific on what the assets, common stock earnings, revenues & gains, and etc shoukd be labled as image text in transcribed
On January 5 , Year 1, Northstar Manufacturing purchased 10% of Southland Corporation's common stock for $900,000. During the year, Southland had net income of $300,000 and paid dividends of $80,000. For Northstar, the financial statement effects of the purchase of the investment on January 5 , Year 1, include a(n)

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