Question: Current Attempt in Progress Metlock Corporation reported the following for 2020: net sales $1,236,500, cost of goods sold $729,000, selling and administrative expenses $329,900,

sales $1,236,500, cost of goods sold $729,000, selling and administrative expenses $329,900,

and an unrealized holding gain on available-for-sale debt securities $20,700. (a) Your

Current Attempt in Progress Metlock Corporation reported the following for 2020: net sales $1,236,500, cost of goods sold $729,000, selling and administrative expenses $329,900, and an unrealized holding gain on available-for-sale debt securities $20,700. (a) Your Answer Correct Answer (Used) Your answer is correct. Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.) METLOCK CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2020 Net Sales Cost of Goods Sold 1236500 7290001

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