Question: Question 4 View Policies Current Attempt in Progress On January 1, 2020, Crane Inc. had cash and common stock of $64,990. At that date, the

Question 4 View Policies Current Attempt in Progress On January 1, 2020, Crane Inc. had cash and common stock of $64,990. At that date, the company had no other asset, liability, or equity balances. On January 2, 2020, it purchased for cash $23,670 of debt securities that it classified as available for sale. It received interest of $3,510 during the year on these securities. In addition, it has an unrealized holding gain on these securities of $6,380 net of tax. Determine the following amounts for 2020: (a) net income, (b) comprehensive income, (c) other comprehensive income, and (d) accumulated other comprehensive Income (end of 2020) (a) Net income (b), Comprehensive Income (c) Other comprehensive income (d) Accumulated other comprehensive Income $

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