Number 10 please

securities available for sale portfolio has an aggregate market value of $95,000 Required: Indicate how each of these transactions would affect the statement of cash flows for a corporation. Assume the statement of cash flows is prepared using the indirect method. Each transaction is assumed to be independent of the other transactions. 10. On January 1, 2013, American Corporation purchased 25% of the outstanding voting shares of Short Supplies common stock for $210,000 cash. On that date, Short?s book value and fair value were both $840,000. The equity method is deemed appropriate for this investment. Short?s net income reported on December 31,2013, was $80,000. During 2013, Short also paid cash dividends in the amount of $24,000. Required: Compute the amount that would he reported for the investment on American Corporatiofl?5 financial statements at December 31, 2013. 11. All investments in debt and equity securities that don?t fit the definitions of the other reporting categories are classified as