PROBLEM 1 Glasses, nc. reedived $12,000 in dividends on its investment in Soissors, Corp. duing aony Scenario A: assume that Glasses, Ind. uses the equity method to account for its long-term investmext Scenario B: assuome that Glasses, ne. uses the fair value method to account for its long-terw in Seissors, Corp. inwesbment in Scissors, Corp. For each soenario, first prepart the journal enbny to record the repeipt of the dividends and then identify the effeot that the receipt of dividends will have on the income statement and the balance sheet. tfthe financial statoment isnt affeoted, write no effeet Income Statement Balance Sheet Income Statement Balance Sheet