Principles of Accounting
12th Edition
ISBN: 9781133626985
Author: Belverd E. Needles, Marian Powers, Susan V. Crosson
Publisher: Cengage Learning
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Everest Global Corporation earned $5,200,000 in net income after taxes for the year ended December 31, 2023. The company reported $400,000 of net unrealized gains onavailable-for-sale securities, net of taxes, and $180,000 in foreign currency translation gains from the consolidation of its Canadian subsidiary company,net of taxes. Prepare the Statement of Comprehensive Income for Everest Global Corporation for the year ended December31, 2023.
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