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The following information pertains to Botter Supply Company for Year 1: Purchased $99,700 of marketable investment securities. Earned $5,700 of cash investment revenue. Sold for
The following information pertains to Botter Supply Company for Year 1:
- Purchased $99,700 of marketable investment securities.
- Earned $5,700 of cash investment revenue.
- Sold for $33,100 securities that cost $30,783.
- The fair value of the remaining securities at December 31, Year 1, was $92,000.
What is the amount of net income under each of the three classifications? Net Income Held to Maturity Trading Available for Sale What is the change in cash from operating activities under each of the three classifications? (List any cash outflows with a minus sign.) Operating Activities Held to Maturity Trading Available for Sale
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