Cost Marketable Equity Security Date Acquired Date Sold Sale Proceeds Market (Fair) Value 12/31/X9 Market (Fair) Value 12/31/X8 $32,000 $19,000 1/1/X8 NA NA Company A Company B $24,000 36,000 $14,000 NA 1/1/X8 6/1/X9 $25,000 1. Calculate the net total impact (realized plus unrealized) of the Marketable securities on the 20x9 income statement? If it is a net loss enter the amount in brackets. (18000) 2. The investment in Company A cost XYZ $24,000 on 1/1/X8. On 12/31/X8 the fair value of this Company A stock is $32,000. Consider the impact of this on the 20X8 indirect statement of cash flows. Is this increase of $8000 added to net income, or subtracted from net income? 3. What section of the 20X9 statement of cash flows shows the proceeds of $25,000 from sale of Company B stock? 4. What is the amount shown on the 12/31/X8 balance sheet for marketable securities