Question: Please provide the correct answer to this general accounting problem using accurate calculations. Blue Sky Technologies purchased 3,000 shares of Quantum Innovations on July 15,

Please provide the correct answer to this general accounting problem using accurate calculations.

Blue Sky Technologies purchased 3,000 shares of Quantum Innovations on July 15, Year 1, for $95 per share, including brokerage commission. The investment was classified as an available-for-sale security. On December 31, Year 1, the fair value of Quantum Innovations was $108 per share. Blue Sky's net income for Year 1 was $75,000. Required: Compute the comprehensive income for Blue Sky Technologies for the year ended December 31, Year 1

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