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Please help thank you Presented below is information related to the purchases of common stock by Shamrock Company during 2025. (Assume a zero balance for

Please help thank you
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Presented below is information related to the purchases of common stock by Shamrock Company during 2025. (Assume a zero balance for any Fair Value Adjustment account at the beginning of 2025.) (a) What entry would Shamrock make at December 31,2025, to record the investment in Arroyo Company stock if it chooses to report this security using the fair value option? (b) What entry would Shamrock make at December 31, 2025, to record the investments in the Lee and Woods corporations. assuming that Shamrock did not select the fair value option for these investments? (List all debit entries before credit entries. Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (List all debit entries before credit entries. Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select 'No Entry' for the account titles and enter o for the amounts)

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