Miller Corporation acquired a 60% interest in the Aerial Company on December 31 for $1,500,000. During the year, Aerial reported net income of $250,000 and paid cash dividends of $500,000. How should Miller account for its investment in Aerial?

		Apply the equity method and then report the investment at market value at year-end
		Apply the equity method and then perform a full consolidation at year-end
		Apply mark-to-market accounting and then consolidate the statements at year-end
		Disclose the investment as a variable interest entity