$10$

$1$ point

The We Help NFP had total investment income $($interest income$)$ for the year in the amount of $$300,000.$ Additionally, their investment expenses were $$15,000.$ How must this

information be reflected in the financial statements?

Statement of Financial Position: Investment Income, net $$285,000$

Statement of Activities: Investment Income $$300,000,$ Investment Expenses $$15,000$

Statement of Financial Position: Investment Income $$300,000,$ Investment Expenses $$15,000$

Statement of Activities: Investment income, net $$285,000$