Reporting a Change from the Equity Method to Insignificant Influence 32% ) and now retains 25% of the previous investment. Required a. Assume the investor determined the investee's stock does have a readily determinable fair value. Prepare the journal entry (or entries) the investor company should record on August 1,2022. identical or a similar investment of the same issuer. Prepare the journal entry (or entries) the investor company should record on August 1, 2022. identical or a similar investment of the same issuer. Prepare the journal entry (or entries) the investor company should record on August 1, 2022