Give the entry in each situation or explain why no entry is needed. In each case, Big Company owns stock in Little

1. Big company owns $10,000 of stock in Little. Big uses the fair market value method of investing. The fair value of the stock goes up by $2,000 during the year.

2. Big company owns $10,000 of stock in Little. Big uses the equity method of accounting. The fair value of the stock goes up by $2,000 during the year.

3. Big company owns $10,000 of stock in Little. Big uses the cost method of accounting for Little. The fair value of the stock goes up by $2,000 during the year.