Question: Comprehensive Income Statement Preparation : Prepare a comprehensive income statement for a company with the following information: Net Income = $80,000, Unrealized Gains on Available-for-Sale

  1. Comprehensive Income Statement Preparation: Prepare a comprehensive income statement for a company with the following information: Net Income = $80,000, Unrealized Gains on Available-for-Sale Securities = $5,000, Foreign Currency Translation Adjustment = -$2,000, and Pension Liability Adjustment = $3,000. What is the total comprehensive income?

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