Company A purchased a certain number of Company B's outstanding voting shares at S18 per share as a long-term investment. Company B had outstanding 20.000 shares of S10 par value stock. Complete the following matrix relating to the measurement and reporting by Company A after acquisition of the shares of Company B stock.

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Questions a. What is the applicable level of ownership by Company A of Company B to apply the method? For b, e, f, and g, assume the following: Number of shares acquired of Company B stock Net income reported by Company B in the first year Dividends declared by Company B in the first year Market price at end of first year, Company B stock b. At acquisition, the investment account on the books of Company A should be debited at what amount? c. When should Company A recognize revenue earned on the stock of Company B? Explanation required. d. After acquisition date. how should Company A change the balance of the investment account with respect to the stock owned in Company B (other than for disposal of the investment)? Explanation required. Market Value Method Equity Method % % 1.500 5.000 $60.000 $60.000 $15.000 $15.000 $ 15 $ 15 $ _ e. What is the net balance in the investment account on the balance sheet of Company A at the end of the first year? $_ f. What amount of revenue from the investment in Company B