On July $1,2024,$ Gupta Corporation bought $25\%$ of the outstanding common stock of VB Company for $$132$ million cash, giving Gupta the ability to exercise significant influence over VB$$s operations. At the date of acquisition of the stock, VB$$s net assets had a total fair value of $$478$ million and a book value of $$252$ million. Of the $$226$ million difference, $$52$ million was attributable to the appreciated value of inventory that was sold during the last half of $2024,$ $$80$ million was attributable to buildings that had a remaining depreciable life of $10$ years, and $$94$ million related to equipment that had a remaining depreciable life of five years. Between July $1,2024,$ and December $31,2024,$ VB earned net income of $$68$ million and declared and paid cash dividends of $$40$ million.

Determine the amounts to be reported by Gupta:

a$.$ Investment in Gupta's December $31,2024$ balance sheet

b$.$ Net investment revenue $($loss$)$ in Gupta's $2024$ income statement

c$.$ Investing activities in Gupta's $2024$ statement of cash flows