Please answer question a$.$ Thank you!

Question $4\mathrm{.}2$:

On January $1^{st},2019,$ Rick Inc. acquired common stock of Morty Inc. At the time of acquisition, the market value of Morty was $$120$ million.

During $2019,$ Morty Inc. reported Net Income of $$18$ million and declared on November a cash dividend of $$8$ million. The Market value of Morty Inc. on December $31,2019$ was $$138$ million. During $2020,$ Morty Inc. reported Net Loss of $$30$ million and declared a cash dividend of $$4$ million. The Market value of Morty Inc. on December $31,2019$ was $$90$ million.

Rick Inc. sold the shares on October $1^{st}2021$ when the market value of Morty Inc. was $$80$ million. Morty reported net loss of $$30$ million for the first $9$ months of $2020.$

Required:

Answer the following under each of the following assumptions:

Company Rick paid $$12$ million for $10\%$ of Morty Inc.$\text{'}$s shares.

Company Rick paid $$36$ million for $30\%$ of Morty Inc.$\text{'}$s shares.

a$.$ Determine the amount that Rick would report on its balance sheet and Income Statement related to the investment in Morty Inc. at the end of each year.