Exercise 4-15 (Part Level Submission) Splish Corporation reported the following for 2017: net sales $1,237,500,...
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Exercise 4-15 (Part Level Submission) Splish Corporation reported the following for 2017: net sales $1,237,500, cost of goods sold $734,000, selling and administrative expenses $326,300, and an unrealized holding gain on available-for- sale securities $21,600 (a) Your answer is correct Prepare a statement of comprehensive income using one statement format. (Ignore income taxes and earnings per share.) SPLISH CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2017 1237500 Net Sales (734000) Cost of Goods Sold 503500 Gross Profit/ (Loss) (326300) Selling and Administrative Expenses Net Income (Loss) 177200 21600 Other Comprehensive Income Unrealized Holding Gain # Net Income/ (Loss) 177200 21600 Other Comprehensive Income Unrealized Holding Gain 198800 Comprehensive Income SHOW ANSWER VIDEO: SIMILAR EXERCISE Attempts: 2 of 3 used Prepare a statement of comprehensive income, using the two statement format. (Ignore income taxes and earnings pe SPLISH CORPORATION Income Statement SH CORPORATION Comprehensive Income Statement SPLI
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