7. Please provide the journal entry for a corporation purchasing "trading securities" for $27,000. Then provide joumal the entry for the value of this asset rising to $33,500 in value, on the December 31 reporting date. Then provide the journal entry for selling this asset on January 9 for $33,500. 8. Please demonstrate the "triple bottom line", beginning with the basic Net Income from an Income Statement 9. Please contrast between "prime costs" and "conversion costs", as done in the text and lecture. 10. Please provide the joumal entry for some corporate bonds, purchased by your corporation, that will be "held-to-maturity". Assume they were purchased for $59,500. 10. Continued. Then provide the journal entry for interest earned but not received as of this date in the amount of S7,700 Then provide the journal entry for the pay-off of the bonds to you with this interest payment included. 11. Based on the facts in Problem #10, now suppose this asset purchase is classified as "available for sale" Please provide the journal entry to record the rise in this anset's value of 53,750. This was due to rates dropping, thus these bonds become more valuable on the market. Hint: It is slightly different than the "trading securities" entry Extra Credit: Please state the name of the SEC required annual report form", for publicly traded companies. Now state the name of the SEC require "quarterly report form", for publicly traded companies. 12. Please provide the joumal entry for the purchase of 39% ownership in a corporation called "Marty.com" for $840,000 12. Continued. Then provide the journal entry to record your portion of the annual carnings of $190,000. Then provide the journal entry for receipt of dividends from this corporation $12,500. 13. Please graph the following curves in their typical shapes. "Fixed cost": "Variable cost"; and "Total cost" Assume Fixed Cost is $26,000. Further issume the Fixed Cost and Variable Cost curves intentat a quantity of 29,000. In addition, label the Total Cost on this graph at the quantity of 29,000. Correctly label each axis. 14. Please provide the break-even point (in units, and in dollars) for the following equations that depict your company's cost and revenue functions TC 543,000 + 5600 Rev$840 Note: These equations imply your company has fixed costs of 543,000 per month, and variable cost of $60 per item. You sell your items for $84 cach. Your break-even point is per month, but you don't have to state this is a monthly break-even in your answer. 14. Continued. Please graph the revenue line and the total cost line from this #14. Show the fixed cost, as well is the break even dollars, and units, on this graph 15. Using only the purchase" and "gain/ion information from Problem 12. mume that you find out that you actually own 21% of this corporation with your purchase. In addition, your corporation that purchased "Marty.com. had Revenue of $2,000,000, Expenses of $750,000. As of 1,625,000, Liabilities of S200,000 You can doduce your equity for your company Marty.com had carings, but the breakout of their trial balance is as such: Assets $1.390,000, Liabilities of $400,000, Revenue of $300,000, Expenses of $110,000 You can deduce Marty com equity. Asume the dividends are already included in the stated expenses. Please state both companies trial balances and your consolidated trial balance Hint: Now that you realize you own 71% of Marty.com, you are responsible for more than just $190,000 of annual earnings of Marty.com