Emily and her children went into a grocery store and she bought $20. 80 worth of bananas and peaches. Each banana costs $0. 80 and each peach costs $2. She bought a total of 14 bananas and peaches altogether. Write a system of equations that could be used to determine the number of bananas and the number of peaches that Emily bought. Define the variables that you use to write the system.

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?