Boey Company reported net income of $25,000 in 2013. It had the following amounts related to its
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Boey Company reported net income of $25,000 in 2013. It had the following amounts related to its pension plan in 2013: Actuarial liability gain $10,000; Unexpected asset loss $14,000; Accumulated other comprehensive income (G/L) (beginning balance), zero. Determine for 2013 (a) Boey’s other comprehensive income, and (b) comprehensive income.
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