kane Company acquired 80% of the outstanding common stock of Kid Company on January 2, 2013 for $675,000. At that time, Kid's total stockholders' equity to $750,000. Kid Company reported net income and dividends for the last two years as follows: Required: Prepare journal entries for Kane Company for 2013 and 2014 assuming Kane uses: The cost method to record its investment. The partial equity method to record its investment. The complete equity method to record its investment. The difference between implied value and the book value of equity acquired was attributed solely to a depreciable asset, with a 15-year expected life