Need hep understanding all partsA: at what amount does CNa report its investment in marketable debt securities on its balance sheet? In your answer identify the portfolios fair value, cost, and any unrealized gains and losses. B: compute the net unrealized gain or loss on CNA's investment portfolio. Use a negative sign with your answer to indicate an unrealized loss. Part 2 To B: how do CNA balance sheet and income statement reflect this net unrealized gain or loss (ANSWER CHOICES: securities are reported at historical cost Gains and losses are recognized upon sale of the securities, securities are reported at fair value unrealized gains, and losses are recognized currently in net income, securities are reported at fair value unrealized gains, and losses on AFS securities are recorded and accumulated other comprehensive income, securities are reported unrealized losses are recognized in net income unrealized gains are deferred and recognized upon sale of the securities). C: how do CNA's balance sheet income statement reflect gains and losses realized from the sale of available for sale securities (ANSWER CHOICES:?gains and losses realized from the sale of securities are recognized in current income the company records an accounting reclassification adjustment in the AOCI account to reflect the elimination of previously recorded unrealized gains or losses, no entry is required as the securities are currently reported at fair value and all unrealized gains or losses are reflected in current income the fair value changes bypass the income statement, gains and losses realized from the sale of securities are recognized in current income the company records and accounting reclassification adjustment in cash and cash equivalents to reflect the elimination of previously recorded unrealized gains and losses, gains and losses realized from the sale of securities are recognized in current income the company records an accounting reclassification adjustment in retained earnings to reflect the elimination of previously recorded unrealized gains and losses)

CNA Financial Corporation provides the following footnote to its 2018 10-K report, h Investments The company classifies its fixed maturity securities as either available-for-sale or trading, and as such, they are carried at fair value. Changes in fair value of trading securities are reported within Net investment income on the Consolidated Statements of Operations., Changes in fair value related to available-for-sale securities are reported as a component of Other comprehensive income. The following table provides a summary of fixed maturity and equity securities. Cost or (/1] Gross Estimated Amortized Unrealized Unrealized Fair December 31, 2018 ($ millions) ({2 (TIN5 Losses L CIC) Fixed maturity securities available-for-sale Corporate and other bonds $13,135 $554 $277 $13,412 States, municipalities and political subdivisions 6,777 753 6 7,524 Asset-backed Residential mortgage-backed 3,371 48 40 3,379 Commercial mortgage-backed 1,540 20 22 1,538 Other asset-backed 1,383 8 17 1,374 Total asset-backed 6,294 76 79 6,291 U.S. Treasury and obligations of government sponsored enterprises 109 2 - 111 Foreign government 336 4 3 337 Redeemable preferred stock 7 7 Total fixed maturity securitiesavailable-for-sale 26,658 1,389 365 27,682 Total fixed maturity securities trading 3 3 Total fixed maturity securities _'3351&_}!,389 532_5_\"_87,655 (a) At what amount does CNA report its investment in marketable debt securities on its balance sheet? In your answer, identify the portfolio's fair value, cost, and any unrealized gains and losses Reported on balance sheet |$ 0 Cost $ 0 Unrealized gains $ 0 Unrealized losses $ 0 (b) Compute the net unrealized gain or loss on CNA's investment portfolio