Question 6 2/5 pts Morgan Manufacturing, Inc. (MMI) buys and sells securities expecting to earn profits on short-term differences in price. On September 2, 2020, MMI purchased Carie Corp. bonds at par for $675,000. At December 31, 2020, the bonds had a fair value of $650,000. The bonds were sold in 2021 for $700,000. Fill in the blanks below to describe the impact of this investment to 2020 financial statements. 1. Net income on the income statement was (increased/decreasedo impact) no impact by $ 0 2. The impact of this investment on the 2020 balance sheet was an) (increase/decreaseo impact) increase to assets; a(n) (increase/decreaseo impact) no impact to liabilities, and a(n) (increase/decreaseo impact) decrease to equity