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Question Two Little Maid Company purchased 20% of the voting common stock of Shiny Company on January 1 and paid $200,000 for the investment. Shiny Company reported earnings of $150,000 for the year ended December 31. Shiny Company paid cash dividends in the amount of $10,000. Required: Calculate the investment income and the balance sheet investment account for Little Maid Company on December 31 under the cost method and under the equity method. Equit Income Statement: Investment income Balance Sheet: Investment account