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The questions are shown in the picture 7 Queson: Held-to-Maturity Securities Following is a portion of the investments footnote from the 2818 18K report of

The questions are shown in the picture 7

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Queson: Held-to-Maturity Securities Following is a portion of the investments footnote from the 2818 18K report of m Corporation (in thousands), related to held-tomaturity securities. The following table summan'zes the amortized cost and estimated market values of securities held for investment: 8? Gross Gross Estimated Amortized Unrealized Unrealized Market Dollars in thousands Cost Gains Losses Value Deoen'ber 31, 2818 US. Treasury and other Federal agencies 8 88? $ 48 $ 8 855 States and political subdivisions 11,3?8 Hi" (7) 11,438 1 Total 811,888 8 115 8 1:?) $12,884 # Deoen'ber 31, 2818 US. Treasury and other Federal agencres $ F81 $ 58 $ $ 848 States and political subdivisions 15,835 222 [8! 15 848 Total $18,418l | $ 281 $ [8} $18,888 + ", Required: a. What amountdoesagcrt report on its balance sheet at December 31, 2818, for these heldto maturity securities? 8. Calculate the unrealized gains or losses on these secunties at December 31, 2818. How do these unrealized gains or losses affect the 2818 balance sheet and the 2818 income statement? c. If these held-tomaturity secun'ties had instead been classified as availablefor sale, how would WNW balance sheet and income statement been different

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