On January 6,20 Y8, Bulldog Co. purchased 39% of the outstanding common stock of Gator Co, for $213,900. Gator Co. paid total dividends of $24,400 to all shareholders on June 30,20Y8. Gator had a net loss of $53,100 for 20Y8. Required: a. Journalize Bulldog's purchase of the stock, receipt of the dividends, and the adjusting entry for the equity loss in Gator Co. stock. Refer to the chart of accounts for the exact wording of the account tites. CNOW journals do not use Ines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will autamatically indent a credit entry when a credit amount is entered. b. Compute the balance of Investment in Gator Co. Stock on December 31,20Y8. c. How does vaiuing an investment under the equity method differ from valuing an investment at fair value