(The following information applies to the questions displayed below) Gioia Company acquired some of the 83,000 shares of outstanding common stock (no par) of Tristezza Corporation during the current year as a long-term investment. The annual accounting period for both companies ends December 31. The following transactions occurred during the current year. Jan. 10 Purchased 18,875 shares of Tristezza common stock at $12 per share. Dec. 31: a. Received the current year financial statements of Tristezza Corporation that reported net income of $83,000. b. Tristezza Corporation declared and paid a cash dividend of $0.6 per share. c. Determined the market price of Tristezza stock to be $11 per share. (The following information applies to the questions displayed below) Gioia Company acquired some of the 83,000 shares of outstanding common stock (no par) of Tristezza Corporation during the current year as a long-term investment. The annual accounting period for both companies ends December 31. The following transactions occurred during the current year. Jan. 10 Purchased 18,875 shares of Tristezza common stock at $12 per share. Dec. 31: a. Received the current year financial statements of Tristezza Corporation that reported net income of $83,000. b. Tristezza Corporation declared and paid a cash dividend of $0.6 per share. c. Determined the market price of Tristezza stock to be $11 per share