$17-$B$1$ Equity and Market$-$Value Methods Suppose Google acquired one$-$third of the common shares of Chang Web Design for $$50$ million cash. In year $1,$ Chang had a net income of $$30$ million and paid cash dividends of $$9$ million. At the end of the year, the market value of the investment had fallen to $$39$ million. Prepare a tabulation that compares the equity method and the market$-$value method of accounting for Google$$s investment in Chang. Show the effects on the balance sheet equation under each method. $($Assume that under the market$-$value method this investment is a trading security.$)$ What is the year$-$end balance in the Investment in Chang account under the equity method? Under the market$-$value method? Which method should Google use for reporting its investment in Chang?