Tradi DEFC GEH UK Inc Ginny, Inc., acquired 40% of Harry Enterprises for $4,000,000 on January 1, 2021. The total fair value of Harry's identifiable net assets was $8,000,000 on that cate, and the total book value of those net assets was $4,800,000. The difference between fair value and book value is attributed to equipment that has a remaining useful life of 5 years. During 2021 Harry recognized net income of $2,000,000 and paid dividends of $1,200,000. Harry had a fair value of $12,000,000 as of December 31, 2021. 1. What is the amount of the depreciation adjustment Ginny will make in 2021 related to investment in Harry? 2. How much investment revenue will Ginny report in 2021 from its investment in Harry? 3. What amount will Ginny report for its investment in Harry in its December 31, 2021 balance sheet? Availab UMNG 1. 2021 depreciation adjustment 2. 2021 investment revenue 3. Investment balance on Dec 31, 2021 Expert