Please answer the question in details.

Intermediate Accounting!

Q4. The summarized balance sheets of Makman Company and Templer Company as of December 31, 2019 are as follows: Makman Company Balance Sheet December 31, 2019 Assets $1,200,000 Liabilities $ 150,000 Capital stock $ 600,000 Retained earnings $ 450,000 Total equities $1,200,000 Templer Company Balance Sheet December 31, 2019 Assets $ 900,000 Liabilities $ 225,000 Capital stock $ 555,000 Retained earnings $ 120,000 Total equities $ 900,000 Instructions (a) If Makman Company acquired a 20% interest in Templer Company on December 31, 2019 for $195,000 and the fair value method of accounting for the investment were used, what will be the relevant journal entry for Makman Company? (b) If Makman Company acquired a 30% interest in Templer Company on December 31, 2019 for $225,000 and the equity method of accounting for the investment were used, what will be the relevant journal entry Makman Company? (c) If Makman Company acquired a 20% interest in Templer Company on December 31, 2018 for $135,000 and during 2020 Templer Company had net income of $75,000 and paid a cash dividend of $30,000, applying the fair value method what would be the debit balance in the Equity Investments (Templer) account at the end of 2020? Show relevant calculations. (d) If Makman Company acquired a 30% interest in Templer Company on December 31, 2019 for $210,000 and during 2020 Templer Company had net income of $75,000 and paid a cash dividend of $30,000, applying the equity method what would be the debit balance in the Equity Investments (Templer) account at the end of 2020? Show relevant calculations