Small Company reported 20X7 net income of $43,000 and paid dividends of $14,000 during the year. Mock Corporation acquired 30 percent of Small's shares on January 1, 20X7, for $99,000. At December 31, 20X7, Mock determined the fair value of the shares of Small to be $127,000. Mock reported operating income of $81,000 for 20X7. Required: Compute Mock's net income for 20X7 assuming it a. Carries the investment in Small at fair value. b. Uses the equity method of accounting for its investment in Small. a. Net income (fair value method) b. Net income (equity method)