If an investor, using the equity method, sells a part of an investment in common stock, which of the following statements are true?

Multiple select question.

The investor will continue using the equity method to account for the remaining shares until all shares are sold.

If the equity method isn't appropriate, the investment will be carried at fair value from the sale date forward.

The investor will continue using the equity method to account for the remaining shares if the ability to exercise significant influence remains.

The fair value method will be applied retroactively from date of first acquisition.

Multiple choice question.

Gain on revaluation of Justin Company Stock

Noncontrolling Interest in Justin Company

Investment in Justin Company Stock

Cash