I dont not understand Req 1A to 2B please all this answer

Req 1A

1. Record the purchase of Lavery Labeling stock for $338 million.
2. Record Runyan Bakery's share of Lavery's $220 million net income.
3. Record the receipt of cash dividends of $2 per share on 10 million shares.
4. Record any necessary adjusting entry to correctly report the investment on the balance sheet. The market value of Lavery's common stock at December 31, 2021 was $33 per share.

Req 2A

1. Record the purchase of Lavery Labeling stock for $338 million.
2. Record Runyan Bakery's share of Lavery's $220 million net income.
3. Record the receipt of cash dividends of $2 per share on 10 million shares.
4. Record any necessary entry related to depreciation. The fair value of Lavery's depreciable assets, with an average remaining useful life of five years, exceeded their book value by $50 million.
5. Record any necessary adjusting entry to correctly report the investment on the balance sheet. The market value of Lavery's common stock at December 31, 2021 was $33 per share.

Problem 12-12 (Algo) Fair value option; equity method investments [LO12-5, 12-6, 12-7, 12-8] On January 4, 2021, Runyan Bakery paid $338 million for 10 million shares of Lavery Labeling Company common stock. The investment represents a 30% interest in the net assets of Lavery and gave Runyan the ability to exercise significant influence over Lavery's operations. Runyan chose the fair value option to account for this investment. Runyan received dividends of $2 per share on December 15, 2021, and Lavery reported net income of $220 million for the year ended December 31, 2021. The market value of Lavery's common stock at December 31, 2021, was $33 per share. On the purchase date, the book value of Lavery's identifiable net assets was $870 million and: a. The fair value of Lavery's depreciable assets, with an average remaining useful life of five years, exceeded their book value by $50 million. b. The remainder of the excess of the cost of the investment over the book value of net assets purchased was attributable to goodwill. Required: 1-a. Prepare all appropriate journal entries related to the investment during 2021, assuming Runyan accounts for this investment under the fair value option, and accounts for the Lavery investment in a manner similar to what it would use for securities for which there is not significant influence. 1-b. Calculate the effect of these journal entries on 2021 net income, and the amount at which the investment is carried in the December 31, 2021, balance sheet. 2-a. Prepare all appropriate journal entries related to the investment during 2021, assuming Runyan accounts for this investment under the fair value option, but uses equity method accounting to account for Lavery's income and dividends, and then records a fair value adjustment at the end of the year that allows it to comply with GAAP. 2-b. Calculate the effect of these journal entries on 2021 net income, and the amount at which the investment is carried in the December 31, 2021, balance sheet. (Note: You should end up with the same total 2021 income effect and same carrying value on the balance sheet for requirements 1 and 2.) Req 1A Req 1B Reg 2A Req 2B Calculate the effect of these journal entries on 2021 net income, December 31, 2021, balance sheet. (Enter your answers in milli million Effect on net income Investment million Req 1A Req 1B Req 2A Req 2B Calculate the effect of these journal entries on 2021 net income, December 31, 2021, balance sheet. (Note: You should end up wit value on the balance sheet for requirements 1 and 2.) (Enter you 10).) Net income Investment million million