2 AICPA FAR questions

So I think I am frying my brain. I have been studying nonstop and I feel like I’m hitting a wall. There are two AICPA released questions with the answers (no explanations thus far) and I feel like I am completely losing my mind. Am I just reading these wrong?

1)

Burns Corp had the following items:

Sales Revenue $45,000

Loss on early extinguishment of bonds $36,000

Realized gain on sale of available-for-sale securities $28,000

Realized gain on sale of available-for-sale securities $17,000

Loss on write down of Inventory $3,100

Which of the following amounts would the stmt of comprehensive income report as other comprehensive income report as other comprehensive income or loss?

a. 11,000 other comprehensive income

b. 16,900 other comprehensive income

c. 17,000 other comprehensive loss

d. 28,100 other comprehensive loss

Answer is c.

HOW???? None of these items are OCI! This seems like an easy question. Seriously – am I going crazy?!?! Isn’t the answer zero??

2) On January 1, year 1, Peabody Co. purchased an investment for $400,000 that represented 30% of Newman Corp’s outstanding voting stock. For year 1, Newman reported net income of $60,000 and paid dividends of $20,000. At year end, the fair value of Peabody’s investment in Newman was $410,000. Peabody elected the fair value option for this investment. What amount should Peabody recognize in net income for year 1 attributable to the investment?

a. $6,000

b., $10,000

c. $16,000

d. $18,000

answer is C.

How??