For Each of the Following Numbered Situations Below, Select the Best

For each of the following numbered situations below, select the best letter answer concerning accounting for investments:
(A) Increase the investment account.
(B) Decrease the investment account.
(C) Increase dividend revenue.
(D) No adjustment necessary.
(1.) Income reported by 40% owned investee.
(2.) Income reported by 10% owned investee.
(3.) Loss reported by 40% owned investee.
(4.) Loss reported by 10% investee.
(5.) Change from fair-value method to equity method.Prior income exceeded dividends.
(6.) Change from fair-value method to equity method.Prior income was less than dividends.
(7.) Change from equity method to fair-value method.Prior income exceeded dividends.
(8.) Change from equity method to fair-value method.Prior income was less than dividends.
(9.) Dividends received from 40% investee.
(10.) Dividends received from 10% investee.
(11.) Purchase of additional shares of investee.
(12.) Investor's share of gross profit from intra-entity inventory sales when using the equity method.