On January 1, 2021. American Corporation purchased some of the outstanding voting shares of Irish Corp. common stock for $210,000 cash. On that date, Irish's book value and fair value were the same. Irish's net income reported on December 31, 2021, was $80,000. During 2021, Irish also declared and paid cash dividends in the amount of $24,000. The fair market value of American's shares in Irish on December 31, 2021, was $230,000. Compute the total comprehensive income and operating cash flows (OCF) that American would report on 2021 for its investment in Irish, and the balance in investment in Irish account on December 31, 2021 based on the following assumptions. (18 points) (1) American owns 25% of Irish and did NOT adopt the fair value option. Comprehensive Income: OCF: Investment: (2) American owns 25% of Irish and adopted the fair value option. OCF: Investment: Comprehensive Income: (3) Assume the $210,000 investments are par-value debt securities with a coupon rate of 10% and with fair market value of $230,000 on December 31, 2021. The investments are considered as available-for-sale securities. Compute the total comprehensive income that American would report on 2021 for its investment in Irish and the balance in investment in Irish account on December 31, 2021. OCF: Investment: Comprehensive Income