d. Bear Corporation has $200,000 of additional paid-in capital in excess of par on December 31, 2017. Bear Corporation uses the cost method to account for its investments in subsidiaries. Convert its...

d. Bear Corporation has $200,000 of additional paid-in capital in excess of par on December 31, 2017. Bear Corporation uses the cost method to account for its investments in subsidiaries. Convert its investments to the simple equity method as of December 31, 2017, and provide adequate support for the entries. Assume that the 2017 nominal accounts are closed. Prepare D&D schedules for each investment.