On 30 April 20X2, Marc Company purchased 4,800 shares of Spencer Ltd. for $29 per share plus $480 in commission. In 20X2, the company received a $0.80 per share dividend, and the shares had a fair value of $24 per share at the end of the year. In 20X3, the dividend was $1.60 per share, and the fair value was $33 per share at the end of the year. In 20X4, the shares were sold for $32 per share less a $600 commission.

Required: 1. Show the amounts and accounts that would be reported in earnings and the statement of financial position for 20X2, 20X3, and 20X4 if the company uses the: (Negative amounts should be indicated by minus sign.)

a. Cost method. 20X2 20X3 20X4 Earnings Dividend revenue ees and commissions Gain on sale Statement of financial position Investment OCI: Holding gain/(loss) b. FVTPL method. 20X2 20X3 20X4 Earnings Dividend revenue Fees and commissions Holding gains (losses) Statement of financial position Investment OCI: Holding gain/(loss) c. FVOCI-Equity method; realized amounts are transferred to retained earnings. 20X2 20X3 20X4 Earnings Dividend revenue Fees and commissions Holding gains (losses) Statement of financial position Investment OCI: Holding gain/(loss) Transfer to Retained Earnings