Bountiful Corporation Has the Following Investment Portfolio at December 31

Bountiful Corporation has the following investment portfolio at December 31, 2019:
Required:
a)Explain how each investment should be classified for financial reporting purposes and the accounting method that should be used.
b)Prepare all of the required journal entries using the recommendations you have provided in (a)above. Round all values to nearest dollar.
c)Fill in the following chart:
$$\begin{array}{l}\begin{array} { | l | l | } \hline\text { Balance sheet presentation at December 31, 2019: }&\quad\quad\quad\quad\quad\\ \hline \text { - Investment in Sherman } & \\\hline \text { - Investment in Fryters } & \\\hline \text { - Investment in Cupid } & \\\hline\\\hline \text { - Income statement for } 2019 & \\\hline \text { - Interest income }&\\\hline \text { - Dividend income } & \\\hline \text { - Other income }\\\hline \text { - Unhealized gain/(loss) from investments } & \\\hline & \\\hline \text {-Other comprehensive income } & \\\hline \text { Unrealized gain/(loss) from investments } & \\\hline\end{array}\end{array}$$