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Question - Gerogi Company had the following balances for income from continuing operations and pretax gains and losses on December 31:
Income from continuing operations $540,000
Unrealized loss on trading security (92,000)
Unrealized gain on available-for-sale debt security 30,000
Unrealized loss on pension adjustment (110,000)
Gain on disposal of discontinued operations 240,000
The company's effective tax rate is 40%. What amount should Gerogi Company report as comprehensive income for the year ended December 31?
a. $580,800
b. $684,000
c. $492,000
d. $636,000
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