PLEASE ANSWER QUESTIONS 33 THROUGH 38!!! WORK OUT PROBLEMS PLEASEE!!!

33. Jasmine Corporation owns 20,000 of the 50,000 outstanding shares of Franklin Corporation common stock. During 2021, Franklin earns $1,200,000 and pays cash dividends of $960,000. If the beginning balance in the investment account was $750,000, the balance at December 31 , 2021 should be A. $1,230,000. B. $990,000. C. $846,000. D. $750,000. 34. Jarden Corporation owns 20,000 of the 50,000 outstanding shares of Fred Corporation common stock. During 2021. Fred earns $1,500,000 and pays cash dividends of $500,000. If the beginning balance in the investment account was $1,000,000, the balance at December 31 , 2021 should be A. $5,000,000. B. $1,000,000. C. $1,200,000. D. $1,500,000. 35. Chanze Corporation owns 20,000 of the 50,000 outstanding shares of Franklin Corporation. common stock. During 2021, Franklin earns $2,000,000 and pays cash dividends of $1,000,000. Jasmine should report investment revenue for 2021 of A. $480,000. B. $384,000. C. $96,000. D. $0. 36. Conner Corporation owns 20,000 of the 50,000 outstanding shares of Fred Corporation. common stock. During 2021, Fred earns $2,000,000 and pays cash dividends of $1,000,000. Jasmine should report investment revenue for 2021 of A. $70,000. B. $400,000. C. $800,000. D. $1,000,000 37. Walker Corporation purchased 200 of the 1,000 outstanding shares of Wallace Corporation's common stock for $600,000 on January 2, 2021. During 2021, Wallace Corporation declared dividends of $100,000 and reported earnings for the year of $400,000. If Walker Corporation used the fair value method of accounting for its investment in Wallace Corporation, its Equity Investments (Wallace) account on December 31, 2021 should be A. $580,000. B. $660,000. C. $600,000. D. $680,000. 38. William Corporation purchased 200 of the 1,000 outstanding shares of Willow Corporation's common stock for $600,000 on January 2, 2021. During 2021. Willow Corporation declared dividends of $100,000 and reported earnings for the year of $500,000. If William Corporation used the FAIR VALUE METHOD of accounting for its investment in Willow Corporation, its Equity Investments (Willow) account on December 31, 2021 should be