Investment in Trading and AFS Securities A company purchases debt securities for $100,000 at the beginning of 2022 . It classifies as trading securities and $60,000 as AFS securities. It sells the securities in 2023 . Required For each of the following scenarios, indicate the net effect on income and other comprehensive income in each year 2022 and 2023. In each case, any unrealized decline in value below cost is expected to be recovered and is attributed to market factors. a. Note: Use a negative sign with an answer to indicate the net effect amount decreases Income or OCI. b. Note: Use a negative sign with an answer to indicate the net effect amount decreases income or OCI. Investment in Trading and AFS Securities A company purchases debt securities for $100,000 at the beginning of 2022 . It classifies as trading securities and $60,000 as AFS securities. It sells the securities in 2023 . Required For each of the following scenarios, indicate the net effect on income and other comprehensive income in each year 2022 and 2023. In each case, any unrealized decline in value below cost is expected to be recovered and is attributed to market factors. a. Note: Use a negative sign with an answer to indicate the net effect amount decreases Income or OCI. b. Note: Use a negative sign with an answer to indicate the net effect amount decreases income or OCI