On December $31,2022,$ Ahron, Incopporated, perchesed $5$ percent of Zip Compeng$/$s oomemon shares on the open mareat in teriang shock for $502,590$

Daring the nevt two yeark, the following informalmon is available for zip company

$\backslash$table$[[,,,$Divilamale,Cumeon stact falual$],[,,$Tncese,Geriared,Velue $(12/11)],[2023,,,,1310,000],[2024,5,7\%,00e76,000,56,00014,600,379,609490,609]]$ book value to its share of Zip's franchise agreements. The franchise agreements had a remaining life of tio years at Decention $712023.$

frequired:

a$.$ Assume Akron applies the equity method to its investment in Zip account

What amount of equity income should Akron report for $2024?$

On Akron's December $31,2024,$ balance sheet, what amount is ieported for the investment in $2p$ account?

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

What amount of income from its investment in Zip should Akron report for $2024?$

On Akron's December $31,2024,$ balance sheet, what amount is reported for the invertment in zip account?