Question: On March 1 5 , 2 0 2 2 , an investor company owns 3 5 % of the outstanding common stock of an investe

On March 15,2022, an investor company owns 35% of the outstanding common stock of an investe and can exercise significant influence over the investee. On March 15,2022, immediately preceding the sale of 20% of the investee's outstanding common stock to an unaffiliated party, the balance of Equity Investment account was $35,000. The investor company sold the 20% interest in the invested for $30,000. The investor company determined that after the sale of its 20% interest it could no long exert significant influence over the investee, that the remaining 15% investment does not have a rea determinable fair value.
ordeny exchange
30,0002
What is the carrying amount of the Equity Investment for these:
15%15
Orderly Exchange q,
No Orderly Exchange
equity
betance
35,000
On March 1 5 , 2 0 2 2 , an investor company owns

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