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In its first year of operations, Johnsonville Industries had the following investments: Investment 8% ownership of East, Inc. 15% ownership of Burt, Corp. 100 bonds

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In its first year of operations, Johnsonville Industries had the following investments: Investment 8% ownership of East, Inc. 15% ownership of Burt, Corp. 100 bonds of Brady, Inc. 200 bonds of Bird, Corp. 300 bonds of Baxton, Corp. Classification Equity (Trading) Equity (AFS) Debt (Trading) Debt (AFS) Debt (HTM) Initial Cost $10,000 $20,000 $30,000 $40,000 $50,000 Fair Value @ Year-End $13,500 $14,100 $31,300 $43,800 $52,000 Dividends Interest Received Earned $1,000 N/A $2,000 N/A N/A $3,000 N/A $4,000 N/A $5,000 By what amount will these investments increase Johnsonville's net income for the year

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