On January 1, 2023, Devers Inc. purchased common stock for Bello Corporation. Net income for the year ended December 31, 2023 for Bello Corporation amounted to $3 million. In addition, Bello Corporation paid cash dividends of $600,000. Calculate the total income Devers Inc. will recognize on their income statement related to their Bello Corporation investment and calculate the investment balance Devers Inc. will report on their balance sheet as of December 31, 2023 under the following two assumptions: A. Paid $2 million for a 10-percent interest in Bello and classifies the investment as a passive investment. The fair value of the investment at December 31st was now $2.4 million. B. Paid $6 million for a 45-percent interest in Bello and uses the equity method. The fair value of the investment at December 31st was now $7.3 million