Ngrificant influence over. Papat Coimpany. Pupe reporteo net income of 550000 for the year ended December 34, 2024 . The fair value of the fape incok an thet date was $50 per Share. What actount will be reported in the balance sheet of Nana Company for the investment in pops ot Beceinber 31.2024 ? Mutiple Choice sin20000 5305000 5260000 8245000 5. The $67.000 balance in accounts recelvable is net of an allowance for uncollectible accounts of $7.000. 6. The common stock account represents 107,000 shares of no par value common stock issued and outstanding. The corporation has 700,000 shares authorized. Required: Prepare a classified balance sheet for the Alrwway Corporation at December 31,2024. Note: Amounts to be deducted should be indicated by a minus sign