Presented below is information related to the purchases of common stock by Larkspur Company during 2025. (Assume a zero balance for any Fair Value Adjustment account at the beginning of 2025.) (a) What entry would Larkspur 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 Larkspur make at December 31, 2025, to record the investments in the Lee and Woods corporations, assuming that Larkspur did not select the fair value option for these investments? (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Presented below is information related to the purchases of common stock by Larkspur Company during 2025. (Assume a zero balance for any Fair Value Adjustment account at the beginning of 2025.) (a) What entry would Larkspur 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 Larkspur make at December 31, 2025, to record the investments in the Lee and Woods corporations, assuming that Larkspur did not select the fair value option for these investments? (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)