a Explain how to improve cash flows from sales and receivables. b. MIT Capital, an investment banking company, has extra cash to invest. Suppose MIT Capital buys 1,000 shares of Petro Corporation of Albatta at $185 per share. Assume MIT Capital expects to hold the Petro corporation shares for one month and then sell them. The purchase occurs on December 15, 2014. At December 31, the market price of Petro Corporation is $195 per share. Requirements: 1) What type of investment is this to MIT Capital? Give the reason for your answer, 2) Record MIT Capital's purchase of the Potro shares on December 15 and the adjustment to fair value on December 31. 3) Show how MIT Capital would report this investment on its balance sheet at December 31 and any gain or loss on its income statement for the year ended December 31, 2014