оп герог owing Sales revenue Cost of goods sold Operating expenses Unrealized holding gain on available-for-sale securities Cash dividends received on the securities $1034000 For 2021, Cullumber would report comprehensive income of 723800 113740 41360 4136

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Cullumber Corporation reported the following information for 2021:

- **Sales revenue**: $1,034,000
- **Cost of goods sold**: $723,800
- **Operating expenses**: $113,740
- **Unrealized holding gain on available-for-sale securities**: $41,360
- **Cash dividends received on the securities**: $4,136

For 2021, Cullumber would report comprehensive income of:

- ○ $241,956
- ● $237,820
- ○ $200,596
- ○ $41,360
Transcribed Image Text:Cullumber Corporation reported the following information for 2021: - **Sales revenue**: $1,034,000 - **Cost of goods sold**: $723,800 - **Operating expenses**: $113,740 - **Unrealized holding gain on available-for-sale securities**: $41,360 - **Cash dividends received on the securities**: $4,136 For 2021, Cullumber would report comprehensive income of: - ○ $241,956 - ● $237,820 - ○ $200,596 - ○ $41,360
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