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A company reported the following information for 2014:

Sales revenue                                                                                                       $1,500,000

Cost of goods sold                                                                                                1,050,000

Operating expenses                                                                                                  165,000

Unrealized holding gain on available-for-sale securities                                      50,000

Cash dividends received on the securities                                                                6,000

Display your work in detail.

Calculate Net Income:

Calculate Other Comprehensive Income:

Calculate Comprehensive Income:

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91524449

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