Afarmer is called to sandbag a levy that is about to flood his town. the farmer is stationed between two correctional-center inmates who are required to assist in the flood-control efforts. as a result of this experience, the farmer has developed a newfound respect for inmates. this example would be consistent with which perspective?

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?