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The following information pertains to Botter Supply Co. for Year 1:
- Purchased $104,800 of marketable investment securities.
- Earned $5,600 of cash investment revenue.
- Sold for $26,800 securities that cost $24,924.
- The fair value of the remaining securities at December 31, Year 1, was $91,200.
b. What is the amount of net income under each of the three classifications?
| | Net Income |
| Held-to-Maturity | |
| Trading | |
| Available-for-Sale | |
C. What is the change in cash from operating activities under each of the three classifications? (List any cash outflows with a minus sign.)
| |
| | | | Operating Activities | | Held-to-Maturity | | | | Trading | | | | Available-for-Sale | | | |
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