Use the following information for Problems#9 \& #10 (Based on Exercise 6-8) Investment acquired at mid-year (upstream and downstream sales): Parent Corporation owns 60 percent of the outstanding voting stock of Sub Corporation, acquired for $240,000 on july 1, 2011, when Sub's common stockholders' equity was $300,000. The excess of investment fair value over bookvalue acquired was due to valuable patents owned by sub (with a useful life of 5 years) . Data for years 2011& Problem #9: Compute Parent's investment income from Sub for 2011 Problem #10: Compute Parent's investment income from sub for 2012 Use the following information for Problems#9 \& #10 (Based on Exercise 6-8) Investment acquired at mid-year (upstream and downstream sales): Parent Corporation owns 60 percent of the outstanding voting stock of Sub Corporation, acquired for $240,000 on july 1, 2011, when Sub's common stockholders' equity was $300,000. The excess of investment fair value over bookvalue acquired was due to valuable patents owned by sub (with a useful life of 5 years) . Data for years 2011& Problem #9: Compute Parent's investment income from Sub for 2011 Problem #10: Compute Parent's investment income from sub for 2012