On January 6,20Y8, Bulldog Co. purchased 30% of the outstanding common stock of Gator Co. for $205,200. Gator Co. paid total dividends of $26,900 to all shareholders on June 30,20 Y. Gator hac a net loss of $52,300 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 titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. b. Compute the balance of Investment in Gator Co. Stock on December 31, 20 Y. c. How does valuing an investment under the equity method differ from valuing an investment at fair value