On January $1,2020,$ Alison, Inc., paid $$82,400$ for a $40$ percent interest in Holister Corporation's common stock. This investee had assets with a book value of $$244,000$ and liabilities of $$113,000.$ A patent held by Holister having a $$12,300$ book value was actually worth $$61,800.$ This patent had a six$-$year remaining life. Any further excess cost associated with this acquisition was attributed to goodwill. During $2020,$ Holister earned income of $$38,500$ and declared and paid dividends of $$13,000.$ In $2021,$ it had income of $$67,500$ and dividends of $$18,000.$ During $2021,$ the fair value of Allison's investment in Holister had risen from $$92,000$ to $$98,300.$

a$.$ Assuming Alison uses the equity method, what balance should appear in the Investment in Holister account as of December $31,2021?$

b$.$ Assuming Alison uses fair$-$value accounting, what income from the investment in Holister should be reported for $2021?$

$\backslash$table$[[$a$.$ Investment In Holister,$