Question 4 At the beginning of 2018, Safa Continental Ltd buys 55% shares of Pacific Press. Pacific Press has issued a total of 100,000 shares. The investment is classified as a controlling interest. At the moment of purchase the market value of Pacific share is 25QAR and as of 31 Dec 2018 it is 42.75 QAR. In 2018 Pacific Press pay a dividend of 6.20 QAR per share. Based on the above data calculate the following for the year 2018 a. The profit and the valuation of Investment in cost method b. The profit and the valuation of Investment in fair value method