Investor acquired 40% of the voting common shares of Investee on January 1, 2019, at a total cost of $250. At the end of 2019, Investee reported $80 in net income and declared and paid $50 in total dividends to all shareholders for the period. At the end of 2020, Investee reported a net loss of $40. No dividends were declared in 2020.

12) On Investors balance sheet, what is the carrying value of the investment in Investee at December 31, 2019?

13) On Investors balance sheet, what is the carrying value of the investment in Investee at December 31, 2020?