On its December 31, 2014, balance sheet, Renfro Company reported its investment in available-for-sale securities, which had cost $600,000, at fair value of $550,000. At December 31, 2015, the fair value of the securities was $585,000. What should Renfro report on its 2015 income statement as a result of the increase in fair value of the investments in 2015?

Corporation purchased 25,000 shares of common stock of the Sherman Corporation for $40 per share on January 2, 2014. Sherman Corporation had 100,000 shares of common stock outstanding during 2015, paid cash dividends of $90,000 during 2015, and reported net income of $300,000 for 2015. Hiatt Corporation should report revenue from investment for 2015 in the amount of?

Kevin purchases equipment from Ray Company for a price of $5,000,000 and chooses Bob to do the installation. Bob doesn't charge for the installation of equipment. The price of the installation service is estimated to have a fair value of $60,000. Assuming the transaction to be multiple-deliverable arrangement, compute the amount to be allocated to installation.