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Find what is the amount of comprehensive income reported

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Problem 1: On January 1, 2016, Becky Corporation purchased debt securities of Emily Corporation for $5,000. The investment is classified as available-for-sale debt securities. During the year, $300 cash interest is received from the Emily investment. At the end of the year, the debt securities are selling for $7,200. Becky reported net income for the year of $22,000. What is the amount of comprehensive income reported by Becky for the year?

a)  $22,000

b)  $22,300

c)  $2,200

d)  $24,200

e)  $300

Reference no: EM132763721

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