Thermopolis Industries acquired common stock of Riverton, Inc. as an investment. Consider the following transactions.

2018:

• Purchase 4,000 (15%) of the common shares of Riverton, Inc. for $20.40 cash per share plus a $1,740 brokerage commission
• Riverton reports net income of $118,200.
• Thermopolis receives a cash dividend of $2.28 per share from Riverton, Inc.
• Year-end market price of Riverton is $21.60 per share

2019:

• Sell all 4,000 shares for $19.80 per share.

Complete the table below to show what Thermopolis Industries would report on its balance sheet in 2018 and on its income statement in 2018 and 2019 if the investment is classified as a passive investment in marketable equity securities, or as an equity method investment.

	2018 Balance Sheet	2018 Income Statement	2019 Income Statement
Marketable equity securities
Equity method investment