UESTION #3 (15 POINTS) At the beginning of the year, the Kangaroo Brewery of Melbourne, Australia purchased a 25 percent ownership interest in Kuala Barof Brisbane, Australia. The investment cost $12 million. At year- end, Kuala Bardeclared and paid cash dividends to shareholders totaling $320,000, after reporting earnings of $2.0 million. A. Calculate the income statement effect of Kangaroo's investment in Kuala Baras of year-end. B. Calculate the book value of Kangaroo's equity investment in Kuala Bar at year-end. C. Calculate the book value of Kangaroo's equity investment in Kuala Bar at year-end assuming that Down Under reported a loss of $1.2 million instead of a profit of $2.0 million and still paid its dividend of $320,000