The Massoud Consulting Group reported net income of $1,354,000 for its fiscal year ended December 31, 2024.

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The Massoud Consulting Group reported net income of $1,354,000 for its fiscal year ended December 31, 2024. In addition, during the year the company experienced a positive foreign currency translation adjustment of $240,000 and an unrealized loss on debt securities of $80,000. The company’s effective tax rate on all items affecting comprehensive income is 25%. Each component of other comprehensive income is displayed net of tax.


Required:
Prepare a separate statement of comprehensive income for 2024.

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