QZ Appendix Di 3 Part 1 of 2 Mc Graw Hill ! Required information [The following information applies to the questions displayed below.] Lisa Company had outstanding 100,000 shares of common stock. On January 10, 2021, Marg Company purchased a block of these shares in the open market at $30 per share. At the end of 2021, Lisa reported net income of $240,000 and cash dividends of $0.30 per share. At December 31, 2021, Lisa Company stock was selling at $28 per share. Required: 1-a. Identify the method of accounting that Marg Company should use for purchasing 15,000 shares (Case A). The Fair Value Method The Equity Method 1-b. Identify the method of accounting that Marg Company should use for purchasing 34,000 shares (Case B). The Fair Value Method O The Equity Method