Assume the same information as E17.6 and that Steffi Graf SA reports net income in 2019 of

Question:

Assume the same information as E17.6 and that Steffi Graf SA reports net income in 2019 of €120,000 and in 2020 of €140,000. Total holding gains (including any realized holding gain or loss) equal €40,000 in 2020.
Instructions
a. Prepare a statement of comprehensive income for 2019, starting with net income.
b. Prepare a statement of comprehensive income for 2020, starting with net income.