Oriole Group acquired $20\%$ of the outstanding ordinary shares of Cho Ltd$.$ on December $31,2022.$ The purchase price was

$99,880,000$ for $45,400$ shares. Cho declared and paid an $80$ per share cash dividend on June $30$ and on December $31,2023.$ Cho

reported net income of $70,800,000$ for $2023.$ The fair value of Cho's shares was $2,400$ per share at December $31,2023.$

At what amount is the investment reported on the statement of financial position under each of these methods at December $31.$

$2023?$ What is the effect on net income reported in $2023$ under each of these methods?

Revenue from investment $($income statement$)$