Change from significant influence to passive influence, no readily determinable fair value, and orderly transaction On March 15, 2022, an investor company owns 35% of the outstanding common stock of an investee and can exercise significant influence over the investee. On March 15, 2022, immediately preceding the sale of 20% of the investee's outstanding common stock to an unaffiliated party, the balance of the Equity Investment account was $35,000. The investor company sold the 20%. interest in the investee for $30,000 The investor company determined that after the sale of its 20% interest it could no longer exert significant influence over the investee, that the remaining 15% investment does not have a readily determinable fair value and that the transaction resulting in the loss of significant influence constitutes an orderly exchange. Immediately after the sale of the 20% interest, what is the carrying amount (i.e., balance) of the Equity Investment (i.e., after all required adjustments) and what method of accounting will the investor use for the Equity Investment if the investor does not wish to apply the Level 2 and Level 3 measurement techniques described in FASB ASC 820: Fair Value Measurement? a. Balance Method $15,000 Equity b. Balance Method