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Make a statement of comprehensive income for pronghorn co

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Pronghorn Company Limited reported the following for 2020: sales revenue, $1.13 million; cost of goods sold, $706,250; selling and administrative expenses, $337,000; gain on disposal of building, $296,000; and unrealized gain-OCI (related to FV-OCI equity investments with gains/losses not recycled) $17,000. Assume investments are accounted for as FV-OCI investments, with gains/losses not recycled through net income.

Problem 1: Make a statement of comprehensive income. Ignore income tax and EPS.

Reference no: EM132684754

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