Q1. Complete the chart below to reflect how the above information would be reported on the financial statements.

Q2. When available-for-sale securities increase in value, this event will:
a. (________/ Decrease / have no effect on) total assets,
b. (increase / Decrease / ________) net income,
c. (________/ Decrease / have no effect on) comprehensive income, and
d. (________/ Decrease / have no effect on) stockholders€™ equity.
Q3. Assume the 100 shares of Coca-Cola stock were sold for $76 per share during Year 4. As a result, the Year 4 income statement would report a (________/ unrealized) gain of ________as an (operating / ________) revenue and the Year 4 statement of cash flows would report a cash (________/ outflow) of ________in the (operating / ________/ financing) activity section.
Q4. When available-for-sale securities are sold at a gain, this event will:
a. (Increase / Decrease / ________) total assets,
b. (________/ Decrease / depends) net income,
c. (Increase / Decrease / ________) comprehensive income, and
d. (Increase / Decrease / ________) stockholders€™ equity.

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BALANCE SHEET Dec 31, Year 3 Dec 31, Year 2 Dec 31, Year 1 ASSETS: Long-term investments SE Accumulated other comprehensive income - Unrealized gain/(loss) on invmts INCOME STATEMENT Other comprehensive income Unrealized gain (loss) on investments STATEMENT OF CASH FLOWS INVESTING ACTIVITIES: Cash inflows (outflows) Year 3 Year 2 Year 1 Year 3 Year 2 Year 1