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Holmes Inc. purchased 30% of Nadal Corporation's 30,000 outstanding common shares at a cost of $15 per share on January 3, 2020. The purchase price of $15 per share was based solely on the book value of Nadal's net assets. On September 21, Nadal declared and paid a cash dividend of $39,000. On December 31, Holmes's year end, Nadal reported net income of $85,000 for the year. Nadal shares had a fair value of $14.75 per share at December 31. Holmes Inc., a private Canadian corporation, applies ASPE. Indicate the other possible accounting methods, if any, that Holmes could have chosen under the assumption that the 30% holding of Nadal gives Holmes significant influence over Nadal. BITTIE E 99 20 O Words)