On January 1, 2024, Rusty, Inc. decides to invest in 4,900 shares of Horsepasture stock when the stock is selling for $17 per shere. On May 1, 2004, Homepasture paid a $1.20 per share cash dividend to holders Os Decanter 31.2004 Hosapastire reports net income of $100,000 for 2004. Assume Horsepasture has 14,000 shares of voting stock outstanding duting 2004 and Rusty has significant efluence Read the requirements Requirement 1. Identify what type of investment the Horsepature stock for Rusty Rusty's investment would be investment a controlling interest a held-to-maturity a no significant influence a significant influence an available-for-sale On January 1, 2024, Rusty, Inc. decides to invest in 4,900 shares of Horsepasture stock when the stock is selling for $17 per Horsepasture reports net income of $100,000 for 2024. Assume Horsepasture has 14,000 shares of voting stock outstanding Read the requirements. Requirement 1. Identify what type of investment the Horsepasture stock is for Rusty. Rusty's investment would be investment. a controlling interest a held-to-maturity a no significant influence a significant influence an available-for-sale or $17 per share. On May 1, 2024, Horsepasture paid a $1.20 per share cash dividend to stockholders. On December 31, 2024, utstanding during 2024 and Rusty has significant influence over Horsepasture