Lance Co. purchased 100 shares of Mallard common stock at $20 per share on March 15, 2020. Mallard declared and paid a dividend of $1.50 per share in 2020. The market price on December 31, 2020, is unavailable because the fair value of the stock is not readily determinable. Assume that the amount of $2,000 is a measure of cost less impairment, adjusted for observable price changes for an identical investment for this equity investment. Assum- ing the investment is measured at FV-NI, provide the journal entries to be made at each of the following dates. March 15, 2020. a. b. December 31, 2020.