Prepare a statement of comprehensive income, using the two statement format. (Ignore income taxes and...
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Prepare a statement of comprehensive income, using the two statement format. (Ignore income taxes and earnings per sha SWIFTY CORPORATION Comprehensive Income Statement $ $ Swifty Corporation reported the following for 2025 : net sales $6,174,000; cost of goods sold $3,620,000; selling and administrative expenses $1,615,000; and an unrealized holding gain on available-for-sale securities $113,500. Your answer is correct. Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.) Question 9 of 13 SWIFTY CORPORATION Income Statement and Statement of Comprehensive Income For the Year Ended December 31, 2025 Sales $6,174,000 Cost of Goods Sold Gross Profit 2,554,000 Selling and Administrative Expenses \begin{tabular}{|l|l|} \hline 1,615,000 & i \\ \hline \end{tabular} Net Income / (Loss) 939,000 Unrealized Holding Gain Comprehensive Income $1,052,500
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