n January 1, 2014, Allan acquires 15 percent of Bellevue's outstanding common stock for $62,000. Allan classifies the investment as an...

n January 1, 2014, Allan acquires 15 percent of Bellevue’s outstanding common stock for $62,000. Allan classifies the investment as an available-for-sale security and records any unrealized holding gains or losses directly in owners’ equity. On January 1, 2015, Allan buys an additional 10 percent of Bellevue for $43,800, providing Allan the ability to significantly influence Bellevue’s decisions.During the next two years, the following information is available for Bellevue: