(8) On January 1, 2011, Carr Company purchased the equity securities costing $3,000 and classified them as FVTPL investment (cash purchase). During 2011, Carr Company sold a portion of these FVTPL securities for $1,600 (cash sale). Carr also received the cash dividend payment of $300 from these FVTPL equity securities. Carr prepares its statement of cash flows using the direct method. Carr also classifies the receipt of cash dividends as the operating activity of cash flow statements. Which of the following represents the effect of these transactions on the statement of cash flows for Carr Company for the year ending December 31, 2011? Operating Activities Investing Activities $300 increase $1,400 decrease. $1,900 increase $3,000 decrease. No effect $1,100 decrease. $1,100 decrease No effect. > a. b. so o o d