National Gold Corp, owns equity-method investments in several companies. Suppose National paid $20,000,000 to acquire a 40 percent investment in Minecraft Led Further, assume Minecraft Lad reported it income of $1,850,000 for the first year and declared and paid cash dividends of 5775.000 Calculate the balance in the Investment in Minecraft Ltd. Common Shares account Assume that after all the above ansactions took place National Gold Corp sold its entire investment in Minecraft lid common shares for 520 500,000 Journalize the sale of the investment Disregard broker commissions on sale Calculate the balance in the investment in Minecraft Lid Common Shares account (Leave any unused cells blank.) Investment in Minecraft Ltd. Common Shares Balance Sale or de investment (Record debits first, then credits. Explanations are not required.) Journal Entry Accounts Debit Credit Date