Sink Or Float

Does it sink? (Sink or float)
Does it float? (Sink or float)

If it floats, it rises up, up, up
If it sinks, it moves down low, low, low
Raft, bubbles (they gonna float)
But a boat's will sink if it's full of holes

Does it sink? (Sink or float)
Does it float? (Sink or float)

If it's full of holes (it sinks)
Full of air (it floats)
Ooh-whee, ooh-whee (ahh)
Sink or float