Small Company reported 207 net income of $44,000 and paid dividends of $9,000 during the year. Mock Corporation acquired 30 percent of Small's shares on January 1, 20X7, for $98,000. At December 31, 20X7. Mock determined the fair value of the shares of Small to be $128,000. Mock reported operating income of $83,000 for 207 Required: Compute Mock's net income for 207 assuming it Q. Carries the investment in Small at fair value b. Uses the equity method of accounting for its investment in Small