On January 1 , Year 5 , Blake Corporation purchased 30% of the outstanding common shares of Stergis Limited for $1,800,000. The following relates to Stergis since the acquisition date: Required: (a) Assume that Blake is a public company and the number of shares held by Blake is enough to give it significant influence over Stergis. Prepare all the journal entries that Blake should make regarding this investment in Year 5 and Year 6. (b) Assume that Blake is a private company. Even though it has significant influence, it chose to use the cost method to account for its investment. Prepare all the journal entries that Blake should make regarding this investment in Year 5 and Year 6