The following transactions pertain to Harrison Imports for Year 1:

1. Started business by acquiring $30,000 cash from the issue of common stock.
2. Provided $65,700 of services for cash.
3. Invested $31,000 in marketable investment securities.
4. Paid $27,900 of operating expense.
5. Received $800 of investment income from the securities.
6. Invested an additional $10,500 in marketable investment securities.
7. Paid a $2,500 cash dividend to the stockholders.
8. Sold investment securities that cost $7,988 for $10,650.
9. Received another $1,050 in investment income.
10. Determined the market value of the investment securities at the end of the year was $30,362.

Required:

Record the events in T-accounts, then use a vertical statements model to fill out a Year 1 income statement, balance sheet, and statement of cash flows, assuming that the marketable investment securities were classified as (a) held to maturity, (b) trading, and (c) available for sale. (Record the transactions in the given order. Amounts to be deducted, cash outflows and losses should be indicated with a minus sign.)

(a) Held-to-Maturity

(b) Trading

(c) Available-for-sale