On January 1, 2019, your company purchased 4,000 shares of Another Company's $10 par common stock for $24 per share in cash. On that date, Another Company's assets and liabilities had a book value equal to market value except for their patent which had a market value which was $30,000 higher than its book value and had a 5 year remaining life. Other events which took place related to this investment were: 2019 a. Received $3,000 in cash dividends. b. On December 31, 2019: 1. Another Company's stock had a market value of $25 per share. 2. Another Company reported net income of $30,000. 2020 c. Received a 10% stock dividend d. Sold 1/5 of your shares for $27 per share in cash B. C. INSTRUCTIONS: A. Assuming the 4.000 shares you purchased represented 2% of the outstanding shares of Another Company and you plan to hold on to the shares for several years, prepare all entries for 2019 and 2020 for the above information. Show how the entries in "A." above would change your net income in 2019 and in 2020. Show how the Investment account would be reported on the balance sheet (what section, what account(s) and what amounts) on December 31, 2019. Assuming the 4,000 shares you purchased represented 40% of the outstanding shares of Another Company and you plan to hold on to the shares for several years, prepare all entries for 2019 and 2020 for the above information. Show how the entries in D." above would change your net income in 2019 and in 2020. Show how the Investment account in part "D" would be reported on the balance sheet (what section, what account(s) and what amounts) on December 31, 2019. D. E. F. On January 1, 2019, your company purchased 4,000 shares of Another Company's $10 par common stock for $24 per share in cash. On that date, Another Company's assets and liabilities had a book value equal to market value except for their patent which had a market value which was $30,000 higher than its book value and had a 5 year remaining life. Other events which took place related to this investment were: 2019 a. Received $3,000 in cash dividends. b. On December 31, 2019: 1. Another Company's stock had a market value of $25 per share. 2. Another Company reported net income of $30,000. 2020 c. Received a 10% stock dividend d. Sold 1/5 of your shares for $27 per share in cash B. C. INSTRUCTIONS: A. Assuming the 4.000 shares you purchased represented 2% of the outstanding shares of Another Company and you plan to hold on to the shares for several years, prepare all entries for 2019 and 2020 for the above information. Show how the entries in "A." above would change your net income in 2019 and in 2020. Show how the Investment account would be reported on the balance sheet (what section, what account(s) and what amounts) on December 31, 2019. Assuming the 4,000 shares you purchased represented 40% of the outstanding shares of Another Company and you plan to hold on to the shares for several years, prepare all entries for 2019 and 2020 for the above information. Show how the entries in D." above would change your net income in 2019 and in 2020. Show how the Investment account in part "D" would be reported on the balance sheet (what section, what account(s) and what amounts) on December 31, 2019. D. E. F