Option for the dropdown box of requirement 1 are consolidation, equity, or fair value. (first blank)

Options for the dropdown box of requirement 1 are is or is not. (second blank)

Burke Financial paid $530 000 for a 30% nvestment in the common stock o warrior Inc. For the first year, warrior reported net income of $280.000 and at year-end declared and paid cash dividends of $115,000 on the balance-sheet date, the fair value af Burke's investment in Warrior stock was $410,000. Read the requirements Requirement 1. Which mcthod is appropriate for Burke to usc in accounting for its investment in Warrior? Why? It would be appropriate for Burke to use the With a holding of this size, 30% of the common stock, it | | probable that Burke can exercise significant influence on the operations of warrior. Inc. method of recording its investment in Warrior, Inc