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(i) (Click the icon to view the requirements.) Stat ty considoring ereor A Whikh accounting metsod should be isted for thes long torm inveshisent? Noxt, record ite poums entry to rocoid puchase of shares at $36 each No conmissons (Recerds debits first, then credits. Exclude nxplanations fram journal entries) Neat, recoid the poubbi entry to recognize $70,000 in net incame decared by AB tid Next, record the journal entry to recognize $70,000 in net income declared by AB Lto Under the Kent Holdings entitled to net income declared by AB Ltd Next, record the journal entry to recognize the year-end market value of $39 per share. What is the balance in the investments account at year-end? (i) (Click the icon to view the requirements.) Stat ty considoring ereor A Whikh accounting metsod should be isted for thes long torm inveshisent? Noxt, record ite poums entry to rocoid puchase of shares at $36 each No conmissons (Recerds debits first, then credits. Exclude nxplanations fram journal entries) Neat, recoid the poubbi entry to recognize $70,000 in net incame decared by AB tid Next, record the journal entry to recognize $70,000 in net income declared by AB Lto Under the Kent Holdings entitled to net income declared by AB Ltd Next, record the journal entry to recognize the year-end market value of $39 per share. What is the balance in the investments account at year-end