Winsloe Corporation obtained an investment in the stock of Southern Rail. The intesit of the investmentwes not to obtain control or to exert significant influence. Winsloe has no plans to tradicis investment for nealterm profits. Following is a description of the activity related to the investment in sht thern Rail: (a) What method should be used to account for this investment? Does management intent influe this decision? If the investment were obtained with the objective of near-term trading for pr what would be done differently? (b) Prepare journal entries for the activity pertaining to the investment in Southern Rail