On January 2, 20X1, Heinreich Co. paid $500,000 for 24% of the voting common stock of Jones Corp. At the time of the investment, Jones had net assets with a book value and fair value of $1,800,000. During 20X1, Jones incurred a net loss of $60,000 and paid dividends of $100,000. Any excess cost over book value is attributable to goodwill with an indefinite life. Required: -1) Prepare a schedule to show the amount of goodwill from Heinrich's investment in Jones. -2) Prepare a schedule to show the balance in Heinreich's investment account at December 31, 20X1.