Problem 12-15 Classifying investments [L012-2,12-3, 12-4,12-5, 12-6] Select the reporting category that each of the investments listed below most likely should be accounted for based on the information provided Item Reporting Category 1. | 35% of the nonvoting preferred stock of American Aircraft Company 2. Treasury bills to be held to maturity 3. Two-year note receivable from affiliate 4. Accounts receivable 5. Treasury bond maturing in one week. 6. Common stock held in trading in an investment account for immediate resale Reporting category: Consolidation Equity method Fair value through Net Income None of these Securities AFS Securites HTM Trading securities Bonds acquired to profit from short-term differences in price 8. | 35% of the voting common stock of Computer Storage Devices Company 9. | 90% of the voting common stock of Affiliated Peripherals, Inc. 10. | Corporate bonds of Primary Smelting Company to be sold if interest rates fall 1/2% 11 25% of the voting common stock of Smith Foundries Corporation: 51% family-owned by Smith family; fair value readily determinable 17% of the voting common stock of Shipping Barrels Corporation: Investors CEO on the board of directors of Shipping Barrels Corporation 12