Gerogi Company had the following balances for income from continuing operations and pretax gains and losses on December 31:

Income from continuing operations	543,000
Unrealized loss on trading security	(92,000)
Unrealized gain on available minus-forminus-sale security	33,000
Unrealized loss on pension adjustment	(112,000)
Gain on disposal of discontinued operations	246,000

The company's effective tax rate is 40%.

What amount should Gerogi Company report as comprehensive income for the year ended December 31?

A) 151,200

B) 104,000

C) 95,200

D) 196,800

Answer rating: 100% (QA)

Solution Comprehensive income includes all items included ... View the full answer