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Please answer all of the following thank you! 25. 26. 27. On January 2, Angle Corporation acquired 40% of the outstanding common stock of Bobbe

Please answer all of the following thank you!
25.
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26.
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27.
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On January 2, Angle Corporation acquired 40% of the outstanding common stock of Bobbe Company for $550,000. For the year ended December 31, Bobbe reported net income of $90,000 and paid cash dividends of $30,000 on its common stock. At December 31. the carrying value of Angle's investment in Bobbe under the equity method is $574,000 $538,000 O $586,000 $550,000 Crane Company owns 20% interest in the stock of Wildhorse Corporation. During the year. Wildhorse pays $19800 in dividends to Crane, and reports $304000 in net income. Crane Company's investment in Wildhorse will increase Crane's net income by $60800 $9900 O $64760. O $3960 On January 1, 2020, Coronado Company purchased at face value, a $1090, 10% bond that pays interest on January 1. Coronado Company has a calendar year end. The entry for the receipt of interest on January 1, 2021, is Cash 109 Interest Revenue 109 109 Cash Interest Receivable 109 109 Interest Receivable Cash 109 109 Interest Receivable Interest Revenue 109

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