Question: b) Prepare a statement of comprehensive Income, using the two statement format. Blue Corporation reported the following for 2025: net sales $6,115,500; cost of goods

b) Prepare a statement of comprehensive Income, using the two statement

b) Prepare a statement of comprehensive Income, using the two statement format.

Blue Corporation reported the following for 2025: net sales $6,115,500; cost of goods sold $3,659,500; selling and administrative expenses $1,646,500; and an unrealized holding gain on available-for-sale securities $77,500. (a) Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.)

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