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9. (5 points) HM Financial buys and sells securities which it classifies as available-for-sale. On December 27, 2021, HM purchased Surge bonds at par for

9. (5 points) HM Financial buys and sells securities which it classifies as available-for-sale. On December 27, 2021, HM purchased Surge bonds at par for $875,000 and sold the bonds on January 3, 2022, for $880,000. At December 31, the bonds had a fair value of $873,000, and HM has the intent and ability to hold the investment until fair value recovers. What pretax amounts did HM include in its 2021 net income as a result of this investment? $

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