Question 5 (1 point) Alexander Moving & Storage Inc. paid $100,000 for 20% of the common shares of Sellers Ltd. Sellers earned net income of $50,000 and paid dividends of $25,000. Alexander accounts for the investment using the equity method. The carrying value of Alexander's investment in Sellers is $105,000 $125,000 $100,000 Question 6 (1 point) Tarrant Inc. owns 80% of Rockwall Corporation, and Rockwall owns 80% of Kaufman Company. During 2020, these companies' net incomes are as follows before any consolidations: Tarrant, $100,000 Rockwall, $68,000 Kaufman, $40,000, How much net income should Tarrant report for 2020? $164,000 $180,000 $100,000