Willard Co acquired a 30% interest in Diltronics for $420,000 and appropriately applied the equity method. During the first year, Diltronics reported net income of $250,000 and paid cash dividends totaling $50,000. What amount will Willard report as it relates to the investment at the end of the first year on its income statement? Investment earnings totaling $75,000 Investment earnings totaling $45,000 Net investment earnings totaling $150,000 Receipt of dividends totaling $15,000 Why might a manager intentionally classify a trading security as an available-for-sale security? The manager may wish to prevent a decline in value from being reported on the income statement. The manager may wish to prevent an increase in value from being reported on the income statement. The manager may wish to prevent a decline in value from being reported in shareholders' equity. The manager may wish to prevent an increase in value from being reported in shareholders equity. Blue Co. received dividends from its common stock investments during the year ended December 31 as follows: A cash dividend totaling $25,000 from its trading security investment in Keyser Corporation, when the market price of Keysets shares was $20 per share A cash dividend of $10,000 from Oliver Corp. in which Blue Co owns a 32% interest How much dividend income should Blue report in its income statement? $25,000 $15,000 $10,000 $-0