Feherty, Inc., accounts for its investments under IFRS No. 9 and purchased the following investments during December 2016: 1. 230 of Donald Companys $1,000 bonds. The bonds pay semiannual interest, return principal in 12 years, and include no other cash flows or other features. Feherty plans to hold 90 of the bonds to collect contractual cash flows over the life of the investment and to hold 140 for trading purposes, selling the bonds if their price appreciates sufficiently. Subsequent to Fehertys purchase of the bonds, but prior to December 31, the fair value of the bonds increased to $1,030 per bond, and Feherty sold 90 of the 140 bonds it had held for trading. Feherty also sold 30 of the 90 bonds it had planned to hold to collect contractual cash flows over the life of the investment. The fair value of the bonds remained at $1,030 as of December 31, 2016. 2. $26,800 of Watson Company common stock. Feherty does not have the ability to significantly influence the operations of Watson. Feherty elected to account for this equity investment at fair value through OCI (FVTOCI). Subsequent to Fehertys purchase of the stock, the fair value of the stock investment increased to $33,600 as of December 31, 2016.