Question: Use the following information to compute net income and comprehensive income

Use the following information to compute net income and comprehensive income. For simplicity, ignore income taxes.
Income from continuing operations . . . . . . . . . . . . . . . . . . . . . . . . . $11,000
Unrealized loss on available-for-sale securities . . . . . . . . . . . . . . . . (2,100)
Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 700
Extraordinary loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1,000)
Foreign currency translation adjustment (equity increase) . . . . . . . . 1,250


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  • CreatedApril 07, 2012
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