Require #2 please and how did you do it?

Golden Lake Company's Alison and Zorro Winter are pleased with the growth of their business and have decided to invest its temporary excess cash in a brokerage pecount Tho.com any bad the following cocurities trancactions in 2010 (Click the icon to view the securities transactions.) More Info Read the requirements Recorded revenue earned from investment. Jul. 1 Dec. 31: Adjusted the Alton stock for a market value of $0.95 per share. Jul. 7 Date Debit Credit Dec. 31 Accounts and Explanations Unrealized Holding LossEquity Investments Fair Value Adjustment-Equity Investments 100 Jul. 10 100 Purchased 2,000 shares in Alton Outdoor Adventure Company for $1 per share. Golden Lake does not have significant influence over Alton. Purchased 25% of the stock of Bentley Backpacks consisting of 42,500 shares of stock (out of a total of 170,000 shares) for $11 per share. Golden Lake does have significant influence over Bentley Purchased a bond from Courage Canoes with a face value of $75,000. Golden Lake intends to hold the bond to maturity. The bond pays interest semiannually on June 30 and December 31 Received dividends of $0.20 per share from Alton. Received dividends of $0.40 per share from Bentley Received an interest payment of $3,750 from Courage Canoes. Bentley Backpacks reported net income of $110,000 for the year. Golden Lake Company's share of the net income is $13,750 Adiusted the Alton stock for a market value of $0.95 per share. Sep. 30 Nov. 1 Adjusted investment to market value. Dec. 31 Requirement 2. Determine the effect on Golden Lake Company's net income for the year for each of the three investments. (Enter a decrease with a minus sign or p Dec. 31 Review the journal entries prepared in Requirement 1. Net increase (decrease) in Investment Golden Lake's 2019 income Dec. 31 Print Done Alton Bentley Courage Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check Answer Date Debit Credit Jul. 1 2,000 2,000 Jul. 7 467,500 467,500 Jul. 10 75,000 75,000 Sep 30 400 400 Accounts and Explanations Equity Investments Cash Purchased investment in stock. Equity InvestmentsBentley Cash Purchased investment in stock (equity method). Held-to-Maturity Debt Investments Cash Purchased investment in bonds. Cash Dividend Revenue Received cash dividend. Cash Equity InvestmentsBentley Received cash dividend (equity method). Cash Interest Revenue Received cash interest Equity InvestmentsBentley Revenue from Investments Recorded revenue earned from investment. Unrealized Holding LossEquity Investments Fair Value Adjustment-Equity Investments Adjusted investment to market value. Nov. 1 17,000 17,000 Dec. 31 3,750 3,750 Dec. 31 13,750 13,750 Dec. 31 100 100