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Snap, Inc. ( a social media platform ) , reports the following in its 2 0 2 3 1 0 - K report. The table

Snap, Inc. (a social media platform), reports the following in its 202310-K report.
The table below presents the changes in accumulated other comprehensive income (loss)("AOCI") by component
and the reclassifications out of AOCI :
The following information is reported on Snap's marketable debt securities.
Answer the following:
a. Snap reported a net loss for 2023 of $1,322,485 thousand. Determine comprehensive
income for the year.
b. During 2023, did the U.S. dollar weaken or strengthen relative to the currencies in which
Snap has subsidiaries? Explain.
c. Consider the Level 1 securities, which relate to investments in U.S. government debt
securities. On average, has the market rate of interest for these securities increased or
decreased since Snap purchased these securities? Explain.
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