Shine Corporation purchased 20 percent of the common stock of Ash Corporation on January 1, 2002, at $28,000 in excess of underlying book value. The excess is attributable to equipment with a remaining useful life of 2 years. The companies reported the following operating results and dividends for the three years following the date of purchase: Required: (a) Compute the net income reported by Shine for each of the three years assuming Shine accounts for its investment in Ash using the cost method. (b.) Compute the net income reported by Shine for each of the three years assuming Shine accounts for its investment in Ash using the equity method. a) Cost Method: 2002: 2003: 2004 b) Equity Method: 2002: 2003