From the books of Krabby Co. for 2017: Sales                                                               $950,000 Interest Expense                                             $35,000 Loss on sale of equipment                             $10,000 Revaluation surplus during 2017                   $5,000 Cost of goods sols                                         $600,000 Bank service charges                                      $15,000 Selling expense                                              $50,000 Administrative expenses                                $30,000 Translation gain on foreign operation           $10,000 Income tax expense                                       $85,000 Unrecorded 2016 interest on notes payable $10,000 Over-depreciation during 2016                     $7,500   How much is the total comprehensive income of the company for 2017?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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From the books of Krabby Co. for 2017:

Sales                                                               $950,000

Interest Expense                                             $35,000

Loss on sale of equipment                             $10,000

Revaluation surplus during 2017                   $5,000

Cost of goods sols                                         $600,000

Bank service charges                                      $15,000

Selling expense                                              $50,000

Administrative expenses                                $30,000

Translation gain on foreign operation           $10,000

Income tax expense                                       $85,000

Unrecorded 2016 interest on notes payable $10,000

Over-depreciation during 2016                     $7,500

 

How much is the total comprehensive income of the company for 2017?

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