= Homework: Week Two Question 6, BE16-17 (similar to) HW Score: 1.82%, 0.4 of 22 points Points: 0 of 1 Save For each debt investment in the table below, compute the impairment loss, if any, and determine whether the loss is reported in net income. All of the investments were purchased in the current year. Assume that the investor is not expected to sell the investments prior to full recovery of the decline in fair value except for Investment d. (Click the icon to view the debt investment table.) Complete the following table. (If impairment testing is not needed for a debt investment type or no impairment exists. leave all cells for that debt investment type empty. If a box is not used in the table leave the box empty: do not enter a zero or select a label.) Loss Reported in Net Data table U.S. GAAP Classification Carrying Value Fair Value Present Value of Future Cash Flows Impairment Loss Income (NI) or Other Comprehensive Income (OCI)? a. Held to maturity $ 8,000 $ 2,000 $ 2,100 b. Trading 8,000 2,000 2,100 c. Available for sale 8,000 11,900 11,100 d. Available for sale 8,000 2,000 2,100 H Help me solve this Etext pages Type here to search Present U.S. GAAP Classification Significant Increase in Credit Risk? 12-Month Lifetime Value of Default Rate Default Rate Carrying Value Fair Value Loss Reported in Income (NI) or Oth Future Cash Impairment Comprehensive Inc Flows Loss (OCI)? a. Held to maturity Yes 2% 10% $ 8,000 $ 2,000 $ 2,100 b. Trading No 3 15 8,000 2,000 2,100 c. Available for sale No 1 2 8,000 11,900 11,100 d. Available for sale Yes 1 8 8,000 2,000 2,100 Get more help - 0 Print Done Clear all Check answer 55F Mostly sunny 2:00 PM 1/18/2022