5.    On its December 31, 2024, balance sheet, Green Company…

5.    On its December 31, 2024, balance sheet, Green Company reported its investment in equity securities, which cost $600,000, at fair value of $570,000. At December 31, 2025, the fair value of the securities was $585,000. What should Green report on its 2025 income statement as a result of the increase in fair value of the investments in 2025?

3.    Blanco Company purchased 200 of the 1,000 outstanding…

3.    Blanco Company purchased 200 of the 1,000 outstanding shares of Darby Company’s common stock for $600,000 on January 2, 2025. In 2025, Darby declared dividends of $100,000 and reported earnings of $300,000. If Blanco uses the equity method of accounting for its investment in Darby Company, the balance in Equity Investments (Darby) at December 31, 2025 will be