a) Prepare the journal entry to record Sarasota's investment in Washi. Assume that any unexplained payment is goodwill. (Credi account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry LILL Jak

Compute and Analyze Measures for DuPont Disaggregation Analysis The 2018 balance sheets and income statement for Netflix Inc. follow. Refer to these financial statements to answer the requirements. NETFLIX INC. Consolidated Statements of Earnings For Year Ended December 31, $ thousands 2018 Revenues $9,318,661 Cost of revenues 5,880,847 1,397,987 720,870 630,294 688,663 Marketing Technology and development General and administrative Operating income Other income (expense) Interest expense Interest and other income Income before income taxes Provision for income taxes Net income NETFLIX INC. Consolidated Balance Sheets in thousands, except par value 2018 Current assets Cash and cash equivalents Current content assets, net Other current assets Total current assets Noncurrent content assets, net Property and equipment, net Other noncurrent assets Total assets Current liabilities Current content liabilities Accounts payable Accrued expenses Deferred revenue (248,091) 41,725 482,297 8,977…

Dec. 31, 2020 Dec. 31, 2019 Assets Current assets: Cash and cash equivalents $248,005 $419,465 Accounts receivable 38,283 34,839 Inventory 15.043 15,332 Prepaid expenses and other current assets 39,965 34,795 Income tax receivable 58,152 16,488 Investments 415,199 338,592 Total current assets 814.647 859,511 Property, plant, & equipment, net 1,217.220 1,106,984 Long-term investments 622,939 496.106 Other assets 70,260 64,716 Total assets $2,725,066 $2,527,317 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $85,709 $69,613 Accrued payroll and benefits 64,958 73,894 Accrued liabilities 129,275 102,203 Total current liabilities 279,942 245,710 Deferred liabilities 284.267 240,975 Other liabilities 32.883 28,263 Total liabilities 597,092 514,948 Shareholders' equity: Common stock 358 354 Additional paid-in capital 954,988 861.843 Retained earnings 1,172.628 1,150,172 Total shareholders' equity 2,127,974 2,012.369 Total liabilities and shareholders' equity…

The Equity Method of accounting for investments:     a)  Requires the investment asset to increase proportionally with the affiliates net income   b)  Requires the investment asset to decrease proportionally with the affiliates net loss   c)  Requires the investment asset to decrease proportionally with dividends received   d)  All of the above