Use the following Information for questions 33 and 34. Blanco Company purchased 200 of the 1,000 outstanding shares of Darby Company's common stock, for $600,000 on January 2, 2018. During 2018, Darby Company declared dividends of $100,000 and reported earnings for the year of $400,000. If Blanco Company used the fair value method of accounting for its investment in Darby Company, its Equity investment (Darby) account on December 31, 2018 should be $580,000. $660,000. $800,000. $880,000. If Blanco Company uses the equity method of accounting for its investment in Darby Company, its Equity investments (Darby) account at December 31, 3018 should be $580,000. $660,000. $800,000. $880,000