to complete this assessment. Question 30 On January 1, 2018 Jordan Inc. acquired 30% of Nico Corp Jordan used the equity method to account for the investment On January 1, 2019 Jordan sold 23 of as investment No no longer had the stilly significant influence over the operations of Nico. How should Jorden have accounted for this change? O Jordan should continue to use the equity method to maintain consistency in its financial statements Jordan should restate the prior years' financial statements and change the balance in the investment account as if the far-value method had been used since 2015 O Jordan has the option of using either the equity method or the fair-value method for 2019 and future years Jordan should report the effect of the change from the equity to the fair-value method as a cumulative effect of a change in accounting principle O Jordan should use the fair value method for 2019 and future years but should not make a retroactive adjustment to the investment account Click Submit to complete this assessment. 13C Rain to stop Save and Suber Questo