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More info Jan. 14 Purchased 1,200 shares of Naradon stock, paying $46 per share. The investment represents 35% ownership in Naradon's voting stock and Know

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More info Jan. 14 Purchased 1,200 shares of Naradon stock, paying \$46 per share. The investment represents 35% ownership in Naradon's voting stock and Know All has significant influence over Naradon. Know All intends to hold the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.55 per share on the Naradon stock. Dec. 31 Naradon's current market value of $43 per share. Dec, 31 Naradon reported net income of $500,000 for the year ended 2024. Requirement 2. Classify and prepare partial financial statements for Know All's 35\% Naradon investment for the year ended December 31, 2024 . invevinent lor the indetenle kise. Dec 3: Naradoch cunert maket value is $9 per shase. ended December 31, 20024

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