Question: this question of accounting intermediate accounting PRINTER VERSION BACK NEXT Exercise 17-10 (Part Level Submission) At December 31, 2017, the available-for-sale debt portfolio for Riverbed,

this question of accounting
intermediate accounting

PRINTER VERSION BACK NEXT Exercise 17-10 (Part Level Submission) At December 31, 2017, the available-for-sale debt portfolio for Riverbed, Inc. is as follows. Unrealized Security Cost Fair Value Gain (Loss) A $123,375 $105,750 $(17,625 ) 88,125 98,700 10,575 162,150 179,775 17,625 Tota $373,650 $384,225 10,575 Previous fair value adjustment balance-Dr. 2,820 Fair value adjustment-Dr. $7,755 On January 20, 2018, Riverbed, Inc. sold security A for $106,455. The sale proceeds are net of brokerage fees. RiverbedInc. reports net income in 2017 of $846,000 and in 2018 of $987,000. Total holding gains (including any realized holding gain or loss) equal $282,000 in 2018. (a) Prepare a statement of comprehensive income for 2017, starting with net income. RIVERBED, INC Statement of Comprehensive Income For the Year Ended December 31, 2017 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT 19 ? ~ (6 4 ENG 7:28 PM 5/12/2020 hp
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