Which of the following situations represents an effect of hindsight bias?A)Jerry rode his bike instead of taking his car to work, then told a co-worker that he had biked in because he knew there would be a car accident holding up traffic along his route. B)Beckyregretted going camping last weekend after she got caught in the rain and said that she would not have gone if she had heard the weather forecast. C)Gregory took his car to a shop for repairs, then refused to use that shop again when the repair failed to last. D)Danielle bought shares of stock that lost a great deal of value, but she refuses to sell them, hoping that they will recover and restore her investment.

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)