On January 1, Year 1, Johnson Products, Inc. (Johnson) purchased a 40 percent equity interest in Fairmont Enterprise Inc. (Fairmont). On March 31, Year 2, Johnson acquired another 15 percent equity interest in Fairmont. Assuming that by December 31, Year 2, Johnson had hired a new CEO for Fairmont and appointed nine of the twelve current board members, which method would Johnson use to report Fairmont's Year 2 financial results? Equity method O Fair value method Cost method Consolidation