The following information relates to Cortez Corp. for 2017: net income of $672,683; unrealized loss of 20,830

Question:

The following information relates to Cortez Corp. for 2017: net income of $672,683; unrealized loss of 20,830 related to investments accounted for at FV-OCI during the year; and accumulated other comprehensive income of $37,273 on January 1, 2017. Determine
(a) Other comprehensive income for 2017,
(b) Comprehensive income for 2017, and
(c) Accumulated other comprehensive income at December 31, 2017.