Chapter 10, Problem 24E

Kindly help me with accounting questions

A company owns a machine with a $10,000 carrying value, $5,000 estimated salvage value, and $90,000 fair value.  The machine was irreparably damaged by a customer and, as a result, was deemed worthless.  A court awarded damages of $90,000 in favor of the company.  At the current year end, the outcome of this case was awaiting appeal and was, therefore, uncertain.  However, the company's legal counsel believes the appeal will be denied.  What amount of gain, if any, should the company report for this lawsuit in its current-year financial statements?      A. $0        B. $75,000        C. $80,000        D. $90,000

Accumulated other comprehensive income?