Please help me with this question

Nebraska Exchange Company completed the following long-term investment transactions during 2016: At year-end, the fair value of the Amsterdam stock is $30, 900. The fa- value of the Brentwood stock is $653,000. For which investment is fair value used in the accounting? Why is fair value used for one investment and not the other? Show what Nebraska Exchange would report on its year-end balance sheet, income statement and statement of comprehensive income for these investment transactions. It is helpful to use a T-account for the Equity method Investment account Ignore income tax. For which investment is fair value used in the accounting? Why is fair value used tor one investment and not the other? Current fair value is used to account for the investment in Amsterdam, Inc. Fair value is not used tor the investment because the inventor holds the stock to