Read the requirements. Requirement 1. Identify the appropriate accounting method for each of the following situations: Accounting Method Investment in 30% of the investee company's stock of which the investor has significant a. influence b. Available-for-sale debt investment c. Investment in more than 50% of the investee company's stock d. Bond investment that matures in ten vears. The investor plans to hold the bond for the full Choose from any list or enter any number in the input fields and then continue to the next question. Read the requirements. d. Bond investment that matures in ten years. The investor plans to hold the bond for the full ten years. Requirement 2. At what amount should the following trading investment portfolio be reported on the December 31, 2018, balance sheet? Joumalize any adjusting entry required on December 31. (Click the icon to review the trading investment portfolio.) The total trading investment portfolio should be reported at $ on the December 31, 2018 balance sheet. lournalize any asinisting entry required on December 31 (Rerard dehits first then credits Selert the pynlanation on the Read the requirements. Journalize any adjusting entry required on December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanations column and leave the remaining cells blank.) Date Accounts and Explanations Debit Credit 2018 Dec. 31 Requirement 3. An investor paid $73,800 on January 1, 2018, to acquire 40% of Maverick - Man, Inc.'s outstanding common stock. The investor had significant control of Maverick - Man, Inc. For the year endind December 31, 2018, Maverick - Man's net income was $30,000, and on June 14, the company declared and paid cash dividends of $5,000 to all stockholders. Journalize the investor's transactions related to the Maverick -Man investment (a) purchase of the investment, (b) receipt of dividends, (c) investor's share of net income, and (d) sale of Maverick - Man stock for $86,800 on January 3, 2019. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanations column and leave the remaining cells blank.) (a) Begin by journalizing the investor's purchase of the Maverick - Man investment. An investor paid $73,800 on January remaining cells blank.) (a) Begin by journalizing the investor's purchase of the Maverick - Man investment. An investor paid $73,800 on January 1. 2018, to acquire 40% of Maverick -Man, Inc.'s outstanding common stock. Date Accounts and Explanations Debit Credit 2018 (a) Jan. 1 edu uie UGG. (b) Journalize the receipt of dividends. On June 14, Maverick - Man declared and paid cash dividends of $5,000 to all stockholders Date Accounts and Explanations Debit Credit 2018 (b) Jun. 14 Read the requirements. (c) Joumalize the investor's share of net income. During the first year, Maverick - Man's net income was $30,000. Date Accounts and Explanations Debit Credit 2018 (c) Dec. 31 (d) Journalize the sale of Maverick - Man stock for $86,800 on January 3, 2019. Date Accounts and Explanations Debit Credit 2019 (d) Jan. 3 Choose from any list or enter any number in the input fields and then continue to the next question. Read the requirements. Requirement 1. Identify the appropriate accounting method for each of the following situations: Accounting Method Investment in 30% of the investee company's stock of which the investor has significant a. influence b. Available-for-sale debt investment c. Investment in more than 50% of the investee company's stock d. Bond investment that matures in ten vears. The investor plans to hold the bond for the full Choose from any list or enter any number in the input fields and then continue to the next question. Read the requirements. d. Bond investment that matures in ten years. The investor plans to hold the bond for the full ten years. Requirement 2. At what amount should the following trading investment portfolio be reported on the December 31, 2018, balance sheet? Joumalize any adjusting entry required on December 31. (Click the icon to review the trading investment portfolio.) The total trading investment portfolio should be reported at $ on the December 31, 2018 balance sheet. lournalize any asinisting entry required on December 31 (Rerard dehits first then credits Selert the pynlanation on the Read the requirements. Journalize any adjusting entry required on December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanations column and leave the remaining cells blank.) Date Accounts and Explanations Debit Credit 2018 Dec. 31 Requirement 3. An investor paid $73,800 on January 1, 2018, to acquire 40% of Maverick - Man, Inc.'s outstanding common stock. The investor had significant control of Maverick - Man, Inc. For the year endind December 31, 2018, Maverick - Man's net income was $30,000, and on June 14, the company declared and paid cash dividends of $5,000 to all stockholders. Journalize the investor's transactions related to the Maverick -Man investment (a) purchase of the investment, (b) receipt of dividends, (c) investor's share of net income, and (d) sale of Maverick - Man stock for $86,800 on January 3, 2019. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanations column and leave the remaining cells blank.) (a) Begin by journalizing the investor's purchase of the Maverick - Man investment. An investor paid $73,800 on January remaining cells blank.) (a) Begin by journalizing the investor's purchase of the Maverick - Man investment. An investor paid $73,800 on January 1. 2018, to acquire 40% of Maverick -Man, Inc.'s outstanding common stock. Date Accounts and Explanations Debit Credit 2018 (a) Jan. 1 edu uie UGG. (b) Journalize the receipt of dividends. On June 14, Maverick - Man declared and paid cash dividends of $5,000 to all stockholders Date Accounts and Explanations Debit Credit 2018 (b) Jun. 14 Read the requirements. (c) Joumalize the investor's share of net income. During the first year, Maverick - Man's net income was $30,000. Date Accounts and Explanations Debit Credit 2018 (c) Dec. 31 (d) Journalize the sale of Maverick - Man stock for $86,800 on January 3, 2019. Date Accounts and Explanations Debit Credit 2019 (d) Jan. 3 Choose from any list or enter any number in the input fields and then continue to the next