Portions of the financial statements for peach computer are provided below. peach computer income statement for the year ended december 31, 2015net sales $2,050,000expenses: cost of goods sold $1,150,000operating expenses 660,000depreciation expense 60,000income tax expense 50,000total expenses 1,920,000net income $ 130,000peach computer selected balance sheet data december 31 2015 2014 increase (i) or decrease (d) cash $112,000 $90,000 $22,000 (i)accounts receivable 46,000 54,000 8,000 (d)inventory 85,000 60,000 25,000 (i)prepaid rent 4,000 7,000 3,000 (d)accounts payable 55,000 42,000 13,000 (i)income tax payable 6,000 15,000 9,000 (d)required: prepare the operating activities section of the statement of cash flows for peach computer using the direct method. (list cash outflows as negative amounts.)

Ticker services began operations in 2015 and maintains long-term investments in available-for-sale securities. the year-end cost and fair values for its portfolio of these investments follow.portfolio of available-for-sale securities cost fair valuedecember 31, 2015 $ 369,060 $ 357,988 december 31, 2016 420,728 445,972 december 31, 2017 572,190 676,901 december 31, 2018 864,007 768,966 prepare journal entries to record each year-end fair value adjustment for these securities.calculation adjustment required to fair value adjustment.12/31/15 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/16 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/17 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/18 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) record the year-end adjusting entry for the securities portfolio as of december 31, 2015.date general journal debit creditdec 31, 2015 record the year-end adjusting entry for the securities portfolio as of december 31, 2016.date general journal debit creditdec 31, 2016 record the year-end adjusting entry for the securities portfolio as of december 31, 2017.date general journal debit creditdec 31, 2017 record the year-end adjusting entry for the securities portfolio as of december 31, 2018.date general journal debit creditdec 31, 2018