Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

تمرين 37

Comprehensive income
On December 31, Year 1, Valur Co. had the following available-for-sale investment disclosure within the Current Assets section of the balance sheet:

There were no purchases or sales of available-for-sale investments during Year 2. On December 31, Year 2, the fair value of the available-for-sale investment portfolio was $200,000. The net income of Valur Co. was $210,000 for Year 2.
Compute the comprehensive income for Valur Co. for the year ended December 31, Year 2.