Question: please help me out!!! i will only give positive feed back! i appreciate all your help in advance!! AE4-14 (Comprehensive Income) Armstrong Corporation reported the

please help me out!!! i will only give positive feed back! i appreciate all your help in advance!!

AE4-14 (Comprehensive Income) Armstrong Corporation reported the following for 2012: net sales $1,264,400; cost of goods sold $755,200; selling and administrative expenses $325,600; and an unrcalized holding loss on available-for-sale securities $24,500. Prepare a statement of comprehensive income, using the two-income statement format. Ignore income taxes and earnings per share. AE4-1 (Computation of Net Income) Presented below are changes in all the account balances of Jackson Furniture Co. during the current year, except for retained earnings. Increase Increase (Decrease) (Decrease) Cash $90,610 Accounts Payable $52,060 Accounts Receivable (net) 51,910 Bonds Payable 84,990 Inventory (134,240) Common Stock 131,460 Investments (55,500) Additional Paid-in Capital -13,450 Page 1 of 2 Determine net income

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