The beginning balance sheet of Evita Corporation included the following Investment in Famous Software S 617,000 Evita Corporation completed the following investment transactions during the year (Click the icon to view list of transactions.) At year-end, the fair values of Evita Corporation's investments are as follows: Lawrence, $39,000; Famous, $747,000 Read the requirements Requirement 1 uses an allowance acco Begin by recording the More Info Requirements Mar 16 Purchased 2,700 shares of Lawrence, Inc., common stock as a long-term available-for-sale investment, paying $12.75 per share Received cash dividend of $1.50 per share on the Lawrence investment. 1. Record the transactions in the journal of Evita Corporation. 2. Post entries to the T-account for Equity-method Investment in Famous Date Mar Software, and determine its balance at December 31 May 21 3. Show how to report the Investment in Available-tor-Sale Securities and the Equity-method Investment in Famous Software accounts on Evita Corporation's balance sheet at December 31 Aug 17 Dec 31 Recelved cash dividend of $84,000 from Famous Software. Received annual reports from Famous Software; net income for the year was $590,000. Of this amount Evita's proportion is 28% Now record the receipt Print Done Print Done Date May 21 Choose from any list or enter any number in the input fields and then continue to the next