On December $31,2019,$ Akron, Inc., purchased $5$ percent of

Zip$$Company$\text{'}$s common shares on the open market in exchange for

$$17,100.$ On December $31,2020,$ Akron, Inc., acquires an additional

$25$ percent of Zip Company's outstanding common stock for

$$95,000.$During the next two years, the following information is

available for Zip Company:$$At December $31,2020,$ Zip reports a net book value of $$280,000.$

Akron attributed any excess of its $30$ percent share of Zip's fair

over book value to its share of Zip's franchise agreements. The

franchise agreements had a remaining life of $10$ years at December

$31,2020.$A$.$ Assume Akron applies the equity method to its Investment in

Zip account:$$B$.$ Assume Akron uses fair$-$value accounting for its Investment in

Zip account:$$