A government held the following equity securities in its debt service fund as of January 1, 2015. During 2015 it engaged in the following transactions as indicated. Beginning Bal. Ending Bal.

Security Cost FMV Purch. Sales Cost FMV

A 600 800 600 840

B 380 300 380 275

C 100 140 150 -

D 700 700 710

Total 1,080 1,240 700 150 1,680 1,825

A. Ignoring dividends, what would be the effect of the transactions on 2015 debt service fund revenues or expenditures? By how much would the fund increase or decrease?

B. What would be the effect of the transactions on 2015 governmentwide revenues or expenses?